Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #549804

Complaint Review: Union Plus Credit Card - HSBC - Internet

  • Submitted:
  • Updated:
  • Reported By: Jeanne — Beecher Illinois U.S.A.
  • Author Confirmed What's this?
  • Why?
  • Union Plus Credit Card - HSBC Internet United States of America

Union Plus Credit Card - HSBC - HSBC Bank APR Fraud! "We'll lower your APR after six consecutive ON-TIME payments....LIE! Internet

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

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

My complaint is in regards to Union Plus Credit Card, or HSBC Bank Nevada.  We were told at the end of 2009 that if we paid our credit card minimum payment every month on time, our APR which is in the 20's% would go down to 14.99%.  December came, payments on time July-Dec. 2009, now they say no, that couldn't be!!!!!  They flat out lied telling us this, we busted our butts making this on-time payment even though my husband is basically out of work.  We even used this cc for payments during Dec. knowing our APR would significantly decrease.  Now it's Jan. '10 and they're beating around the bush coming up with excuses to not lower it.  This is highway robbery and something needs to be done about this ASAP.

First they ask what date and time the call was placed, who I spoke with, why this Rep. would've given us this figure (which we were told it was our beginning APR way back when), etc.  Looking for any route to deny it.  Then they tell us their APR has to do with our credit history with OTHER companies...we only have 1 other credit card and that's a gas card!!  They're seeking ways to deny what we were told and get out of lowering our APR. 

We are barely able to provide for ourselves, and Christmas came, we have 2 children, we knew our APR would be lowered, hence the reason we used this CC even at all!  You can clearly see that we NEVER use our cc...so why would we have used it at all in Dec. if we were not told about our decreasing APR?!  Feel free to look into our account.This company needs to uphold their end of the bargain and do as they said they'd do!!  As far as I know, every company out there, 6 months of on-time payments, the APR is lowered.  It is 1-4-10, 6:01pm Central Standard Time, and I am currently waiting for a "floor manager" to call me back to discuss this APR mess.  Please help.

Their Floor Manager did call back, stating there was nothing they could do, that we received a letter a couple months ago in regards to rising APRs, etc.  If we didnt agree with it, we could close our account or deal with it.  He also found the phone records from the call I had where they told me 6 months of paying on time would result in a lower APR of 14.99%.  That letter should have NOTHING to do with what I was told, period.  They flat-out lied and should be penalized for this!!

This report was posted on Ripoff Report on 01/04/2010 09:53 PM and is a permanent record located here: https://www.ripoffreport.com/reports/union-plus-credit-card-hsbc/internet/union-plus-credit-card-hsbc-hsbc-bank-apr-fraud-well-lower-your-apr-after-six-co-549804. 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?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

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

WATCH News
Segment Now