The Motley Fool Discussion Boards  Previous Page  Personal
Finances / Credit Cards and Consumer Debt   Subject:  Re: First
USA Late Payment Date:  4/23/1999  3:27 PM Author:  aj3 Number: 
9111 of 308028  First USA is the WORST company I've ever dealt
with! Avoid them like the black plague!  Back in February 1998 I
had a payment that was sent SEVEN days prior to their due date.
It took them NINE days to credit my account. Of course, in their
view I was late. Since I had one other slightly late payment
(posted 4 days past the due date, sheesh!) in the previous 6
months my interest rate was bumped up to 20% from 12.5%!  Phone
calls didn't help. Cordial, business-like letters explaining the
details didn't help. They totally blew me off.  I was lied to by
their phone representatives. Follow-up letters from them said
something very different from what the phone reps said. Of
course, certain deadlines had past when I got the letters, so I
was stuck with the penalties and monster interest rate.  Anyway
I won't go int