Merrick Bank is committing fraud by increasing interest rates by 9% that consumers initially contracted for with Nextcard. Someone needs to step in and stop them! ...
I was a good Nextcard customer... Always paid on time, had a 9.9% APR. The last month before Merrick took over, September I believe, my APR suddenly rose to 27.99 without notice! An outrageous APR, I would never willingly get a credit card with such a rate. I don't need a card THAT bad. Since my ...
Early in the year, NEXTCARD had financial troubles and had to shut down. They apparently sold most of their accounts to MERRICK BANK. I received a letter in July stating that my account would be transfered to merrick bank and that my interest rate would be 29% and that I would also have a annual ...