Report: #148235

Complaint Review: Direct Merchants Bank - Scotsdale Arizona

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Ripoff Report is Xcentric Ventures

Submitted: Fri, July 01, 2005
Updated: Fri, July 01, 2005
Reported By: — Beaufort South Carolina

Author Confirmed

Why?

Direct Merchants Bank 17600 North Perimeter Drive Scotsdale, Arizona U.S.A.

Phone: 800-379-7999
Web:
Category: Credit Card Processing (ACH) Companies

Direct Merchants Bank Higher than normal interest rates and late fees and finance charges Ripoff Scotsdale Arizona

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This company has outrageous interest rates, late charges, and finance charges. I have paid them for years, have not used the card for over 3 years and my balance has gone up, not down. If you are late with a payment, they will call you every 30 minutes all day long every day. I obtained this card after losing a business and messing up my credit, they kept increasing the credit line without telling me that I am going to pay dearly for that. I would advise anyone to stay away from this rotten company, you could pay the rest of your life for a $4,000 balance!!!

Judith
Beaufort, South Carolina
U.S.A.

This report was posted on Ripoff Report on 07/01/2005 03:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/direct-merchants-bank/scotsdale-arizona-85255/direct-merchants-bank-higher-than-normal-interest-rates-and-late-fees-and-finance-charges-148235. 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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