Marjorie
Lumberton,#2Author of original report
Sun, February 08, 2004
I paid Bank One off after they upped my interest rate, but guess what they did? I paid my bill in full well before the due date, but I received a bill the next month showing a finance charge. I called & ask what the finance charge was for. They told me there was finance charge imposed for every day the bill was not paid after the closing date. In other words, you don't have until the due date to pay your bill in full because they are charging you interest from the time of the closing date until the due date. I wrote & told them I would have my attorney get in touch with them to straighten this out. Later, I received a letter stating they would take the charges off my bill.