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InfiBank RAISING RATES ON CUSTOMER WITH HIGH CREDIT SCORE Omaha Nebraska
My credit union Triangle CU in New Hampshire has these thieves as a credit card company. I have had my credit card for almost 2 years...have always paid on time and most of the time I paid complete balance. My current rate is 7.99%, I just received notice that they are changing my rate to 19.99%! I just bought a home in July and now pay just over the min due...they must know I can't pay complete balance and decided to make some more money. See their reason below for increase.
1. Utilization of existing credit line
2. Length of established relationship
3. Recent payment activity as % of amount due
The woman on the phone was no help.
Siren0076
Litchfield, New Hampshire
U.S.A.
1 Updates & Rebuttals
Jmd
Taunton,Massachusetts,
U.S.A.
Infibank is doing it to everyone
#2Consumer Comment
Mon, March 30, 2009
I just got a notice from InfiBank too. They are raising my rates claiming it's because of the economic down turn. They claim I can refuse the new rate change by sending them a letter with my account number and name stating I am refusing their greed.
Funny how valued customers all of the sudden turn into worthless parasite when a credit card company wants to stick it to them.
I'll be sending my letter registered mail so I'll know they received it in time.