- Report: #293109
Complaint Review: Washington Mutual Card Services - Nationwide
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Washington Mutual Card Services
P O Box 660487 Nationwide, U.S.A.
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Washington Mutual Credit Card Services Wa Mu raised my interest over 100% on 12-18-07 Dallas Texas
I have a credit card with Wa Mu and it has always been 9.9%.
Without notice they raised it to 21.49%.
This should be against the law.
Earnie watkins
hewitt, Texas
U.S.A.
Without notice they raised it to 21.49%.
This should be against the law.
Earnie watkins
hewitt, Texas
U.S.A.
3 Updates & Rebuttals
Texprime
Waco,Texas,
U.S.A.
Re: umm yeah
#2Consumer Comment
Thu, December 20, 2007
21.49% is more than a 100% increase from 9.9%. I believe his/her math skills are fine. That said, most credit card issuers do have fairly common instances for such a dramatic increase in APR, such as being over-the-limit, late payment, etc.
Jim
Anaheim,California,
U.S.A.
You Have A Choice
#3Consumer Comment
Thu, December 20, 2007
You can shred the card. They can increase the interest rate at any time, and they did notify you in small type within a slip of the mailing at some point down the line; you can call WAMU and ask them which month they sent the notice and they will tell you. If you pay your card off completely each month, it won't matter how high they raise your rates - your interest will be $0. If you object to the rate, just pay off the card and close out the card so it no longer appears active on your credit report.
Bart
Springfield,Missouri,
U.S.A.
Um, yeah
#4Consumer Comment
Thu, December 20, 2007
That is only 21%. Perhaps your math skills need review and that is what caused the increase.
