• Report: #77359

Complaint Review: Fleet Credit Card Services

  • Submitted: Sun, January 18, 2004
  • Updated: Sun, January 18, 2004

  • Reported By:San Diego California
Fleet Credit Card Services
www.fleet.com Wilmington, Delaware U.S.A.

Fleet Credit Card Services Ripoff fraudulent billing interest rates Wilmington Delaware

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I signed up for a Fleet credit card under the promise that I would get a very low FIXED interest rate (6.9%, I think) if I transferred the balances of my other credit cards. I did transfer my balances and diligently paid at least if not more than the minimum payment each month. I never submitted a late payment.

All was well for about 2 years when one day I opened my statement to see my interest rate had jumped to 25%. I had never recieved notice that my rates would be going up. I immediately called Fleet and was told that the fine print on the offer said that after a certain time period my rates would go up.

I read the fine print and never saw anything like that. The offer was a fixed interest rate until the "loan" was paid off...unless I was late on payments, which I never was. I repeatedly called Fleet and made all sorts of fair offers and they would not budge. They insisted I pay the huge interest charge or it would go on my credit.

San Diego, California

This report was posted on Ripoff Report on 01/18/2004 06:51 PM and is a permanent record located here: http://www.ripoffreport.com/reports/fleet-credit-card-services/wilmington-delaware/fleet-credit-card-services-ripoff-fraudulent-billing-interest-rates-wilmington-delaware-77359. 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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