J.PMorgan Chase - WAMU Credit Card How credit card companies change your due date by 7+ days and then stick you with a late fee. Dallas Texas
I was a loyal WAMU credit card holder. Until last year when I noticed that they were charging me late fee's. I do all my banking on-line and noticed that they would change the due dates any where from 1 day to over 10 days.
Because all my banking was done on-line they knew when they would receive the payments. Needless to say, I was able to have them reverse the late fee's but the upped my interest rate. I had a interest rate of 8% and it went up to 17%, I called them and closed my account with them. This is what they did to me, they were so kind as to raise my interest rate to 29% after I closed my account.
I could have sworn that Loan Sharking was illegal, but I guess they get a pass from our government with a BAIL-OUT no less. This is just so wrong in so many ways, if anyone has any idea of how to deal with them, please don't hesitate to contact me.
Julie
San Jose, California
U.S.A.