Bank One Complaint - raising interest from 5.99 to 15.99
DELAWARE -- I made a loan a couple of months ago on my credit card for 20,000 at 5.99 percent for the life of the loan.
I had credit at first USA for 8.99 percent max. but I got my loan paid off 3 years ago. I needed 20,000 dollars to purchase a mobile home for my son. I got an offer from Bank One at 5.99 percent for the life of the loan so I took it.
In the mean time I was 3 days late on my 3rd payment and the interest jumped to 15.99 percent.
I never signed any agrement for 15.99 percent because I had 8.99 percent at First USA.
Bank one ripped me for at least 300 dollars before I could pay them off.
Burn me once shame on you.
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