Discover Card Complaint - Interest Rate Hike.
I have been with Discover for over 10 years. I owe them $10,000 and that total never gets lower than 9k no matter what I do. I took out 2k in cash in 2000. The rest were chargers for items: fights, car rentals, cloths, and books for my son. They gave me an interest free year HA. The total stayed the same. In 2009 they called me with a deal for insurance. If I have a problem they would wave one months payment. It would only cost me 10% of my total. The payment would be once a year. I thought great. Well it turned out to be once a month charge!!!!!
Now they raised my interest rate to 28% after I have been paying on time with automatic payments. The interest rate 28% is for cash advances. I didn’t take out 10k in cash… I have been asking them why for 4 months now. I finally stopped paying them. Now they want to talk and I am really pissed off. I want them to check every time they raised my rate and I want my money back! $#!+