Report: #344059

Complaint Review: Citi Bank - SIOX Falls South Dakota

  • Submitted:
  • Updated:
  • Reported By: Cleveland Georgia
  • Citi Bank www.citibank.com SIOX Falls, South Dakota U.S.A.

Citi Bank Raised interest rate because payment was late 1 time SIOX Falls South Dakota

*Consumer Comment: Contract

Show customers why they should trust your business over your competitors...

Is this
Ripoff Report
About you?
Click here now..
Citi Bank changes the cycle of their payment each month same thing with Bank of America. Even though I paid my payment every month. If it went in one day late they raised the interest as much as 10 % for one month the payment did not get there. They charge $39 if it is one day late then raise the interest until it is impossible for the normal working person to ever pay it off with regular payments. They raised it from 18.99% to 28.99% because it was late one month. Never missed a payment just did not get it there one month on time. Stay away from Citi Bank and Bank of America. This bank has the same bad business practice.

Fed up with credit card rip-offs
Cleveland, Georgia

This report was posted on Ripoff Report on 06/25/2008 10:21 AM and is a permanent record located here: https://www.ripoffreport.com/reports/citi-bank/siox-falls-south-dakota-57117/citi-bank-raised-interest-rate-because-payment-was-late-1-time-siox-falls-south-dakota-344059. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Updates & Rebuttals


#1 Consumer Comment


AUTHOR: Dani - (U.S.A.)

POSTED: Wednesday, June 25, 2008
Unfortunately, that's why you sign a contract agreeing to the terms and conditions of having them loan you money. I'm willing to bet your contract does not state that they will keep your interest low even if you miss a payment. "We'll give you one strike, but after that we'll have to charge ya." Everyone would have credit cards then. If you'd rather not have the bill, maybe you should save your cash and pay for things when you can afford them. It's called living within your means. The only reason anyone should ahve a credit card is for renting a car, only becuase it's required, and then you can just use your debit card just the same. Read the terms and conditions of the contract the next time you sign one. I'm sure you'd have the same problem if you had a contract with a friend of yours and he missed a payment. You'd be all over it trying to get the money.
Respond to this report!
What's this?

Advertisers above have met our
strict standards for business conduct.

What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

Segment Now