closed acct.
Date: Sun, 08/02/2009 - 20:40
I have a cc that I closed but then they raised my interest. When I asked why they said it was because they sent me a notice that they were going to raise the interest rate and I did not opt out. my acct. was already closed. Is this legal? If not does anyone know where to report them?
Credit one bank did this to me too. As i understand it, as long
Credit one bank did this to me too. As i understand it, as long as you owe a balance on the card, the interest rate can go up or down or whatever they wanna do to it. i recently got a notice from my capitalone card about them raising my interest rate unless i call and opt out and when i do call they give me the runaround. Most of them will send the notice in the form of a brochure with lots of timy writing and legal gibberish that most of us toss away with the rest of the junk mail, so watch out for those.