Vancity Credit Union Creditline Interest Rate - Forced Increase
Vancity exercises its heavy hand to force members to sign a creditline amendment agreement not only to increase the rate by 1% but also to change the agreement as they please!
According to The Province article, they have been sending letters to members since May, 2009. I got mind June 26. They are essentially asking members to screw themselves by paying 1% more and may further screw themselves by allowing Vancity to made any amendments they please in the future. This is ...