- Report: #438676
Report - Rebuttal - Arbitrate
Complaint Review: Sears Credit Card - Citi Bank
Sears Credit Card - Citi Bankwww.searscard.com Sioux Falls, South Dakota U.S.A.
Sears Credit Card Administerd By Citi Bank Interest Rate Ripoff - Usury Levels Are Unacceptable Sioux Falls South Dakota
*Consumer Comment: Funny...
*UPDATE Employee: You have to play the game!
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Last week they raised my interest rate to 21.99%. I was outraged and called to complain. I was told that it had nothing to do with my credit history, but they were raising rates across the board, and there was nothing they would do to change it. I immediately paid it off completely, but I will not give them the satisfaction of me canceling the card. They can keep that credit line open on their books, but I will not be using their card. I have threatened to file a class action lawsuit, if they close it.
I have also written to Pelosi, Dodd, and my legislators to tell them to STOP ALL PAYMENTS to these large gangster banks and no toxic asset bailout. We all need to write and put the pressure on congress. They need to support the small local and regional banks and not waste our money on these greedy banks.
My local bank issued me a card with a $10,000 limit at 6.99% and it was approved in a couple of hours. Patronize the small banks. They want our business and will value us as customers. The big banks need to die.
This report was posted on Ripoff Report on 03/28/2009 04:03 PM and is a permanent record located here: http://www.ripoffreport.com/r/Sears-Credit-Card-Citi-Bank/Sioux-Falls-South-Dakota/Sears-Credit-Card-Administerd-By-Citi-Bank-Interest-Rate-Ripoff-Usury-Levels-Are-Unaccep-438676. 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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