Discover Card Complaint - Loan shark interest rates
Well Discover card has reached a new low. We have been their customer for over 20 years and always have had a great credit rating and still do. Now because of a payment that was a few days late..our interest rate climbed up to 26%. We called them and have been informed they cannot lower this interest rate until we have 6 months of on time payments which will be next month. These loan sharks have now lost our business for life. You would think they would appreciate paying customers with good credit ratings.