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BMO Raises Rates For No Reason

Submitted by Customers Revenge on Wed, 02/21/2007 - 21:24
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  • Bank of Montreal
  • BMO
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  • LOC
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  • Canada
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  • Jeff in Calgary

Bank of Montreal does it again:  I got a letter from BMO telling me that they were going to raise the rate of my unsecured line of credit.  No reason was given.  It looked simply like a mass insert that was probably sent with everyone's monthly statement.

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