dmb raises interest rates

Discussion in 'Credit Talk' started by peeper, Jan 24, 2004.

  1. peeper

    peeper Well-Known Member

    I have never been late or over the limit yet dmb raised my interest rates from 14.9 for purchases to 19.9 and raised my cash advance rates from 19.9 to 25.9.When i e mailed them about this they told me i would receive the reason by snail mail in about 2 weeks.Can they do this without good cause?
     
  2. Denny

    Denny Well-Known Member

    I heard they are going to be take over by Household Bank.
     
  3. Brad J

    Brad J Well-Known Member

    Depends. Have you taken a cash advance in the last 6 monhts? If yes, that explains the rate hike.

    Denny, where did you hear HH will take over DMB?. It definately sounds possible, but I haven't read anything about it.
     
  4. Denny

    Denny Well-Known Member

    Some people are claiming that their DMB accounts have been changed to Household ..
     
  5. Peachkiwi

    Peachkiwi Well-Known Member

    My Titanium is still with DMB.
     
  6. NanaC

    NanaC Well-Known Member

    Mine hasn't changed at all...
     

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