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  • Report:  #181047

Complaint Review: Chase - Ocala Florida

Reported By:
- Ocala, Florida,
Submitted:
Updated:

Chase
www.chase.com Ocala, 34474 Florida, U.S.A.
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
I have a Mastercard with Chase which I have had for going on three years now. Last year, in March of 2005, I paid off the full balance of the card. At that time, my APR was approximately 14%. I have not used the card since that time, and until recently, have held the card for emergency use only. I used the card about a week ago to place a deposit on a purchase. When I logged in to check my account, I discovered that my APR had been raised to 29.99% last year, five days after I had paid the balance in full. I have NEVER missed a payment, and have ALWAYS made my payments on time when I had a balance. I did nothing to justify such a ridiculous interest rate, and when contacted, all Chase would tell me is that a credit report was run on me three days after paying off my balance. This is a RIPOFF! They also REFUSED to reduce the rate. I will never do business with them again, and I warn all others to stay far far away!

BTW - There is nothing negative on my credit report, and I have three other major credit cards with APR's of 5.9, 12.9, and 13.9.

Doug

Ocala, Florida
U.S.A.


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