My credit card statement balance of $236.24 was due on 9/24/13. I lost track of days and paid the statement balance plus ALL unbilled charges in full on 9/25/13. Citibank charged $13.99 in interest (5.9% interest per month/ 71% per year) plus a $39 late charge.
They lied and said the interest rate wasn't that high, but obviously they have never taken math in elementary school.
I'm done with these CRIMINALS. I paid in full and will no longer do business with them. No reason to press charges, government never does its job to protect consumers.
Product or Service Mentioned: Citibank Credit Card.
Monetary Loss: $53.