- Report: #132042
Report - Rebuttal - Arbitrate
Complaint Review: Merrick Bank Corp. Credit Dept.
Merrick Bank Corp. Credit Dept.P. O. Box. 5000, Draper, Utah U.S.A.
Merrick Bank Credit Card Credit Dept. ripoff Interest rates have been raised to 30.20% on balances Draper Utah
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In the begining I did not request this card, I received an invitation through the mail saying I had been pre approved for this card with a $1000 credit limit, 2 months ago they raised the credit limit to $1250.
There is a note in their letter which states I can avoid these new charges by paying off the balance in full and closing the account, both my wife and I are seniors, we exist solely on Social Security, apart from taking out a loan on our house (which is paid for) there is no way I could pay this off out of our monthly Soc. Sec. check
This report was posted on Ripoff Report on 02/19/2005 08:25 PM and is a permanent record located here: http://www.ripoffreport.com/r/Merrick-Bank-Corp-Credit-Dept/Draper-Utah-84020-5000/Merrick-Bank-Credit-Card-Credit-Dept-ripoff-Interest-rates-have-been-raised-to-3020-on-132042. 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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