I have had a CitiBank Visa card for more than 15 years with excellent credit. In addition, some years ago Citi purchased my Sears card - which I have held for nearly 25 years, again with excellent credit, and which currently has a zero balance. Further, Citi purchased my mortgage quite some time ago, which is 15 years in, and again, excellent payment record. A couple of months ago a payment to my Citi Visa card posted *1* business day late to my account. Citi immediately put my account into default status and raised my rates to 25%... read full review »