Report: #102657

Complaint Review: Direct Merchants Bank Card - Scottsdale Arizona

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Ripoff Report is Xcentric Ventures

Submitted: Sun, August 08, 2004
Updated: Sun, August 08, 2004
Reported By: — Coon Rapids Minnesota

Author Not Confirmed

Why?

Direct Merchants Bank Card 17600 N Perimeter Dr Scottsdale, Arizona U.S.A.

Phone: 602-264-1721
Web:
Category: Credit & Debt Services

Direct Merchants Bank Card Doubled interest rate to "increase revenue" on my acconut. Rip-off! Scottsdale Arizona

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Direct Merchants Bank doubled the interest rates on my cards due to a need "to increase revenue" not on my credit standing (as per their letter). I received no notice of impending interest rate increase.

Is this legal? (URL deleted by ripoffreport.com) might be a good option.

Michael
Minneapolis, Minnesota
U.S.A.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 08/08/2004 09:52 AM and is a permanent record located here: https://www.ripoffreport.com/reports/direct-merchants-bank-card/scottsdale-arizona-85255/direct-merchants-bank-card-doubled-interest-rate-to-increase-revenue-on-my-acconut-rip-102657. 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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