Direct Merchants Bank
INTEREST RATE went from 7.2% to 16.99% variable... No warnings. Ripoff deception
I have been with DMB for over 3 years. My interest rate was 7.2% for quite awhile. Now all of a sudden it has jumped to 16.99% without warning. I pay my bill on time to DMB each month. When I called them they said it was always a variable rate. To me it was always fixed and it has never been higher ...