• Report: #817174
Complaint Review:

Woodforest National Bank

  • Submitted: Tue, January 03, 2012
  • Updated: Tue, January 03, 2012

  • Reported By: Reporter — Humble Texas U.S.A.
Woodforest National Bank
Humble texas Humble, Texas United States of America
  • Phone: 8323752765
  • Web:
  • Category: Banks

Woodforest National Bank Failure to pay interest accrued Humble, Texas

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Bank gives APR rate which includes accrued interest daily. Interest is compounded daily. However, they do not disclose that if you close any account between statement dates, they penalize you by keeping your interest since the last statement date. Therefore, the APR is incorrect.

This report was posted on Ripoff Report on 01/03/2012 09:06 AM and is a permanent record located here: http://www.ripoffreport.com/reports/woodforest-national-bank/humble-texas-77346/woodforest-national-bank-failure-to-pay-interest-accrued-humble-texas-817174. 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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