Tag Archives: citibank
- OCC Issues Cease and Desist Letter Against Citibank
The OCC announced it has sent a cease and desist letter to Citibank regarding “identified deficiencies in the Bank’s overall program for Bank Secrecy Act/anti-money laundering (“BSA/AML”) compliance” As we all know, banks make mistakes. It just seems that typically it is the consumers that wind up paying for them. The OCC found that the [...]
- Citibank – Scam, Complaint, Review, or Praise?
Please share your experience with this bank and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this bank. Here are some potential questions you [...]
- Were You Foreclosed on in 2009 or 2010? Get a Free Independent Foreclosure Review
Did you face foreclosure in 2009 or 2010? If so, the Office of the Comptroller of the Currency says you may be eligible for a free independent review of your case. Independent foreclosure reviews let borrowers who faced foreclosure on their primary residences between January 1, 2009 and December 31, 2010 request reviews of their [...]
- I Can’t Dig My Way Out From Under My Citibank Card and We Have a Child on the Way. – Kristen
Hi-I’m 29 years old and received my first credit card when I was 22 with no credit history–a shiny new platinum citicard with a $4000 limit. I was in grad school at the time and for a while had some difficulty making payments on it. They even increased my limit to $5500 during this time. [...]
- Chase and Citibank Said to be Refusing Escrow Company Payments on Debt Settlements
I just heard from the CEO of a debt settlement company that said his third-party escrow company is getting flooded with refused settlement payments sent from the escrow company to Citibank and Chase. The CEO said he’s had client payments refused in just the past couple of days. These settlements were with law offices and [...]
- Citibank Debt Collectors Reportedly Killed Debtor for Complaining About Credit Card Balance
A consumer who owed Citibank in Indonesia is reported to have been murdered after complaining about his growing Citibank debt. This is the second recent criminal case filed which involves Citibank employees. The other involved embezzlement from a customer account by a Citibank employee. The Jakarta Post is reporting: “Citibank customer Irzen Octa, who was [...]
- Will Citibank Really Take Me to Court? – Kathy
Several credit cards from years of build up. Totally approximately 50,00.00. Went into a debt relief program with complete debt services for a year. They settled two small ones. A week ago I got served with a summons from Citibank for 12,000.00. I panicked and called a bankruptcy attorney and decided that was the route [...]
- We Moved from Australia to the UK and Now Can’t Pay AMEX. – Chantel
Chantel “Dear Steve, My husband and I moved to England from Australia two and a half years ago and everything was going fine but unfortunatley our circumstances have changed quite dramatically. We have two credit cards one with Amex and another with City bank which totals nearly twenty thousand between them. We have always paid [...]
- I’m a Real Estate Agent and Losing My House. – Joe
“Dear Steve, Over-extended. Lost my job in May, Citi Mortgage will not modify the terms of my Mortgage. I have not paid the mortgage for several months, but have paid all my cc bills. I am out of money, Citi wants to put me on a forbearance plan that adds 2k to my payment each [...]
- My Mother Was In An Accident And Lost Her Job And Can’t Pay – Paula
“Dear Steve, My mother was in an accident and lost her job, we lost our tenant in our house for about 6 months in which bills got backed up, credit cards and loans were used to pay for the bills since my mom’s income was gone. She got a new job but does not make [...]
- Heidi Montag Warns Consumers About Using Credit Cards for Plastic Surgery. Funny!
Here are a couple of videos to make you smile today, even though Heidi can’t. Bonus Funny Video @GetOutOfDebtGuy
- Citibank Raised My Interest Rate From 11% to 24.99%. – Richard
“Hey Steve, Citibank just raised my credit rates from under 11 percent to 24.99 percent!. Needless to say, but not happy. I have my own business. I need credit at times. Yes, it has been a struggling two years now. Banks are tighting. people are going bankrupt and business does suffer some. I am thinking [...]
- Citibank Lowered My Credit Score. – Robert
“Dear Steve, Citi Bank recently raised my interest rate from 9.5 to 29.99, even though I had a perfect payment record. This raised my monthy payment from $300 t0 $750 per month. I called them, and they agreed to return my interest to 9.5 if I agreed to not use my card and allow them [...]
- I Owe Citibank And They Want to Take Me to Court. – Paul
“Dear Steve, I owe about $11,000 on a Citibank credit card and they won’t make me an offer that I can afford. They’re threatening to take me to court. Paul” The Answer: Dear Paul, When you sign an application for a credit card you are entering into a legal agreement to repay that loan. [...]
- What Can I Do to Lower My Interest Rate With Citibank? – Joe
“Dear Steve, Well I have a fair amount of credit debt about 50 grand, half of that with citibank, I have always paid my bills but now Citibank has raised my interest to 24.99. the payments are now truly more than I can pay. I own a home (which i make payments on and is [...]