Since sept29 when APR rate was 9.90% on a $250.00 credit limit, account was in good standing, as things go, then they began charge overlimit fees, late fees, raised APR to 19.90% a penalty rate, at previous billing statement the balance was $287.00 and they were wanting $154.00 onjune 4 du by june 29, i paid $59.00, then new bill statement shows previous balance $340.00, new balance$292.98, of that A minimum payment of $67.98 due 8/1/09, if paid as their conditions have met a imposed status, and unfair overlimit fees, late fees are really actions of defiant behavior with credit, rules and regulations, and new legislation passed and signed by the president MAY 22, credit card accountability, responsibility, disclosure act of credit card holders bill of rights, other predatory lending practices pending legislation to empower regulations, have a stronger proponent in consumers protections laws, this company will violate all existing rules of law, whether it be Fair credit reporting, FDIC, Federal reserve, FTC, SEC, or any other laws. They can always attempt settlements as their parent company citibank south dakota has done, and try to avoid jails but in reality thats where failure will lead them, even if I paid them $500-$1000, in all the inappropriate, illegal, deceptive practices schemes theyre involved in they wouldnt refund or return all these extra add on fees and rates would continue higher, because they have the option not to be in compliance, or abide bu playing the rules, that normal ordinary citizens have to live by, in a downward recession, i didnt ask to be plumeeted into higher debt, they advanced it on to me, as Im sure theyve done in past and will tomorrow, because theres nothing stopping them, I say dont pass go, and collect no other $200. Justice will prevail...
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