Complaint Review: Union Plus Credit Card - Reno Nevada
- Union Plus Credit Card www.unionpluscard.com (HSBC) Reno, Nevada U.S.A.
- Phone: 800-622-2580
- Web:
- Category: Bait-and-Switch
Union Plus Credit Card Breaking their contract with the consumers Reno Nevada
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Just got a letter from HSBC concerning my union plus credit card and they are going to be changing the terms of my card from a fixed rate to a variable rate virtually doubling my interest rate. I was never late of near going over my limit but they are still raising my rate. They feel they must do this before the government passes a bill limiting them on how they can change the contracts.
As if the country is not in bad enough shape they want to charge more for less. I just might file for bankruptcy and then see how much they get out of me. The government needs to step in and reset all rates to a reasonable rate and stop this predatory lending practices. I have chosen to opt out of the card which is now closed and I can continue paying what I owe at my old rate but this should not be allowed.
Dan
Shelby Township, Michigan
U.S.A.
This report was posted on Ripoff Report on 11/29/2008 03:46 PM and is a permanent record located here: https://www.ripoffreport.com/reports/union-plus-credit-card/reno-nevada/union-plus-credit-card-breaking-their-contract-with-the-consumers-reno-nevada-396046. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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