• Report: #53501

Complaint Review: First USA Bank, N. A.

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  • Submitted: Friday, April 18, 2003
  • Posted: Friday, April 18, 2003
  • Reported By:Montgomery Alabama
First USA Bank, N. A.
PO Box 8650 Wilmington Delaware 19899-8650 U.S.A.

First USA Bank, N. A. Rip-Off - Raised interest from 6% to 22.9% without Notice Wilmington Delaware


1Author 0Consumer 0Employee/Owner

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I was shocked to see my interest rate go from less than 6% to 22.9%. When I called the company, the customer service people were rude and unmovable saying I was notified when I was not. In past 6 months, I have cancelled 4 cards due to term changes and I read every statement received. We pay on time and pay over the minimum on cards and can afford what we have charged.

I received a letter from a financial services advisor named Jennifer whose letter did not even address the issue - they DID NOT notify me. This will cost us more than $2000 this year in interest alone and I am fuming. I am contemplating filing a lawsuit and checking to see what class action might be possible.

This injustice cannot stand.

J.R.
Montgomery, Alabama
U.S.A.

This report was posted on Ripoff Report on 4/18/2003 2:26:42 PM and is a permanent record located here: http://www.ripoffreport.com/credit-card-processing-ach-companies/first-usa-bank-n-a/first-usa-bank-n-a-rip-off-p5b62.htm.

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