Sears Complaint - High Interest Rates On Credit Card
HOUSTON, TEXAS -- All the rates have dropped in the last year, but Sears continues to rise. I closed my account with this company because there interest rate is around 21 to 24% and it never goes down, this month I paid $140.00 payment and do you know only $41.00 of this went against the principal?
Soon Sears will be in the same shape Montgomery Wards was, out of business.
I have an account with Chase interest rate 9% no other credit card I have seen this year has a rate as high as Sears.
I stopped shopping at this store, this company is too Greedy.