Sears Complaint - Interest Rate Hikes
WHEN SEARS CREDIT mistakenly thought I missed a single payment; they not only slapped a 39.00 late charge to my account; my interest rate jumped to 29.99% , WTF, are you kidding me. No way Jose; not this cookie.
Make a statement to these companies, DO NOT DO BUSINESS WITH SEARS, KMART or Citibank
I know I will not anymore
Keep in mind
I have never been late with any payment in 15 years of Sears credit history
I always pay way over the minimum due &
I have an excellent credit rating 800+ , nothing has changed.
Imagine what they do to people who are really struggling to pay. The extra fees and penalties from interest, I can see how people can become indefinitely indebted .
Wont be me, paying them off; closing my account and any other account I find with Citibank and mark my words I will never shop there again. EVER