ED Magedson – Founder
Citi CardsNationwide USA
Citi Cards aka www.searscard.comG. Stevens Unfair credit practices refused to settle until card was run up got into a program with zero interest for 6 years if you miss 2 payments they reinstate the original payment and interest rate Sioux Falls Nationwide
I had been with a Sears and had credit card for over 20 years. However do to the economy got behind. I tried to negoitiate a new interest rate with them calling me up to 10 times a day and hanging up. After the interest kept accruing over 1,000 they finally put me in a program.
The program was zero interest, auto deduction, and for 7 years. It ends September 2015. I finally got 2 jobs and took a month to get a paycheck . I missed the payment the 2nd time in 5 years. They terminated the agreement, and put me back to 30 percent interest, and monthly payments of $424 a month. they are on crack ...
This report was posted on Ripoff Report on 04/29/2014 12:58 PM and is a permanent record located here: http://www.ripoffreport.com/r/Citi-Cards/nationwide/Citi-Cards-aka-wwwsearscardcomG-Stevens-Unfair-credit-practices-refused-to-settle-unti-1142701. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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