Complaint / Review
AT&T Universal Card
Ripoff scam dishonest unfair insane interest rates were applied without notification because of late payment to ANOTHER company? Nonhelpful, uncaring

I was tricked into transferring my higher interest rate credit card balances to this 'so called' lower interest card.

First, they increased my interest rate to 27.99% without informing me. Next they give you a minimum amount due, which does not cover the 'spread' because of the ridiculous interest, which causes the account to go over limit which creates a $35 over limit fee for the consumer! So, you pay what they say but with the interest so high it is like making a negative payment.

I tried to resolve over the phone and they said they have the right to increase my interest rate when I don't pay ANOTHER creditor on time!??? So they must check the credit reports and wait for you to be late on something and then they increase your interest rate and charge you a fee.

This is such a racket; I cannot believe they can get away with this. Please help me and let me know what I can do, because I want to fight this all the way - for me and for anyone else this happens to. How can anyone be expected to pay off their debts when companies are allowed to do such things? Thank you.