Sears Complaint - Sears Gold Mastercard
If you have this card be sure to check your APR rate immediately. I have had this account for over 20 years. I have never made a late payment. They raised the APR from 11% to 22% in just 1 month....Why? This is totally wrong. I have bought thousands of dollars worth of merchandise over the last 20 years..Tvs, washer and dryer, refrigerators, ovens, water heaters, riding lawn mowers, etc...
I will never ever step foot in a sears or Kmart again. How can you just rip off loyal customer who have paid their bills on time like that?
Who ever made this business decision needs to be fired because they are going to drive you out of business.
Everyone who has a credit card with Sears check your statement (they raised everyones APR, great credit or not).
Sears do the right thing. Reset these rates back