I was a part of this class action suit, this is exactly what Providian National Bank did to me. "In lending to the kinds of high-risk customers Providian specialized in, Kahr wrote, the "problem is to squeeze out enough revenue and get customers to sit still for the squeeze."
The memo, introduced in a 1999 cardholder class-action lawsuit against Providian, is one of 12 internal company documents obtained by The Chronicle as the result of a yearlong legal battle.
The Providian documents, including 10 Kahr memos plus strategy and training materials dating from the late 1990s, portray a company bent on misleading and manipulating its customers in order to soak as much money from them as possible."
Providian National Bank close my account 05/00 and sold it to UniFund CCR Partners.ccR Partners took my share of the settlement $14.51 and deducted it from the balance of the debt, they said they bought from Providian, saying Providian could give it to anybody they want. Now both companies are screwing me, getting rewarded for bad business practices.
If anything the debt should have been dropped, instead CCR Partners sued me 04/03. They gave me a hearing date in August, then sued me in April without my knowledge. This is outragous for people representing companies do such underhanded tactics as this. Can Somebody help me with this matter, seems like I'm being taking advantage of.
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