User Comment by Richard on Misc credit card complaints







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Richard's Comment on
Misc credit card complaints

Re: Interest Increase


User Comment

Main thread--Misc credit card complaints

From: Richard
State: Arizona
Posted: 08/26/2009
Subject: Interest Increase
Comment:
I have had this credit card for three years. Its AFGE Union Plus through HSBC over the last three months my payment has increased from 82.00 per month to 118.00 per month with 57.00 of that payment going to interest. In january the company raise its interst rate 2% and the payment continue to increase even when I haven't charge anything on it. This is a total scam. No wonder our representatives are trying to stop this type of action. Eventually these credit cards will co out of business for being so greedy. I hope someone looks inot this. I think by opur governement putting a cap on credit cards has actually caused these credit card companies to get everything they can before regulation stop them from cheating customers. I pray someone takes a look at this company.

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