When I received my October statement, I was shocked to discover that citibank had increased the interest rate from 15.99% to 27.99% interest.
I contacted the company to find out why. They told me that I allegedly was late paying one of my creditors so they can jack my rate up because of this. Citibank refused to tell me which creditor without charging me $59.00 for a copy of my credit record. This alleged creditor has nothing to do with citibank, it's just their way of ripping off their customers.
I was so mad that I cancelled my citibank card along with my Amoco and Shell Credit Cards (also owned by citibank).
The ironic thing is that Citibank has a tv comercial in which they state that their is more to life then money. You couldn't tell by the crooked way they make money off their customers.
0 comments