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  • Report:  #6815

Complaint Review: NextCard Visa - Phoenix Arizona

Reported By:
- Clearwater, Fl,
Submitted:
Updated:

NextCard Visa
P.O. Box 60610 Phoenix, 85082-0610 Arizona, U.S.A.
Phone:
1-888-974-2265
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
In January of 2001 i ordered a NextCard Visa at Nextcard.com, they advertised a FIXED RATE of 12.99%. I transferred $6,000.00 off of my other credit cards to this card with it's supposed wonderful 12.99% FIXED RATE, Within eight months my interest rate jumped to 20.00%,they raised this rate without even notifing me, which is illegal.

When i called them, they said they had sent me a letter of notification, which of course was a HUGE LIE!! they also stated they can raise my interest rate whenever they want to. By the way i was never late ever with a single payment to them.

They had absoulutley no reason to raise my interest rate, but they did,since this incident i have spoken to many people who have said this credit card company is one of the biggest RIP-OFF companys in business today. PLEASE BEWARE OF THIS SCAM!!


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