Chase Manhattan Bank Complaint - Insane Rate Increase
I just had my APR increased from ~20% to 29.94%. I've been a cardmember for over 4 years with not one late payment to them. I asked for any sort of recourse that I have since I cannot pay this absurd rate. Of course the robot on the other end told me that since my credit report was not good, that I have no recourse. Well, I just closed my account and will pay them off within two months. I feel sorry for those who are unable to do the same. My blood is boiling! Please tell your government representatives about this and report them to the BBB.