Got A Credit Card Horror Story?

Got A Credit Card Horror Story?

There are 44 comments on the WGRZ Buffalo story from Aug 20, 2007, titled Got A Credit Card Horror Story?. In it, WGRZ Buffalo reports that:

Having a hard time juggling credit card debt? If so, the state Consumer Protection Board wants to hear from you.

Join the discussion below, or Read more at WGRZ Buffalo.

Shrimporee

League City, TX

#23 Dec 30, 2008
Credit sucks...use cash.....
Credit, and owing money can kill your spirit....
Live debt free and see how your emotional, physical, and spiritual state of mind changes....

“AIN'T is not a word. STUPID is”

Since: Jul 07

The Internet

#24 May 2, 2009
April 17, 2009

Organized crime driving surge in data theft.

Cyber crooks stole more data from financial institutions and other businesses last year than in the three year period from 2004 to 2007, according to a new report from Verizon Business.

http://www.verizonbusiness.com/products/secur...

Protect your data!
Amanda

Houston, TX

#25 Jun 20, 2009
This is the second time my payment was lost in the mail within a few years. There will be no late fee, but even though I paid off the entire balance on my card today (6/20)(the balance owed on 6/16 plus whatever I have spent since that billing cycle closed) I will be charged interest. This will be a whooping amount since it will not only reflect interest applied to the amount due on 6/16...it will also have interest applied to the $2,000 I have spent since that cycle closed. So, think about that: Let's say my balance due on 6/16 was only $20 and I spent $2000 since the 6/16 billing cycle closed. I will not only be paying interest on the $20 - I'll pay interest on the $2000 too - even though I haven't even been billed for it yet! That's messed up. Lesson learned: pay online! I can just imagine what will happen to our health insurance system when the federal government gets ahold of it.
Amanda

Houston, TX

#26 Jun 20, 2009
Shrimporee wrote:
Credit sucks...use cash.....
Credit, and owing money can kill your spirit....
Live debt free and see how your emotional, physical, and spiritual state of mind changes....
Agreed!
Rob

Laguna Niguel, CA

#28 Jul 19, 2009
We just purchased a kitchen at Ikea tonght. The sales lady told me that if you open a credit card you get 10 percent off. That could be around 500 bucks on a kitchen. I applied at the kiosk and put all my information in and walla I was denied. I own my house, have excellent credit, employed ofr 26 years and have zero debt, WTF. Well I guess i just dinged my credit for nothing. I dont want those people to have my info, I want it gone from there databases. How do I do that. [email protected]
Lou

Waynesboro, TN

#29 Oct 30, 2009
Check out this rewards card info:

http://www.consumercreditcardscom.com/best-re...

“AIN'T is not a word. STUPID is”

Since: Jul 07

The Internet

#30 Nov 9, 2009
Some GOOD credit news. See if anything odd is going on under your name and accounts. Get a truly FREE credit report:

iq145 wrote:
Just apply for a credit card that you can't or probably won't get. When they send you the rejection letter, call the number on it. You are ENTITLED to a free credit report. You don't even need to talk to anyone. You enter your "rejection" number and some other info into an automated system

http://www.wgrz.com/news/national/story.aspx...

“AIN'T is not a word. STUPID is”

Since: Jul 07

The Internet

#31 Sep 25, 2010
inkling wrote:
i transferred my 24% interest cards to Chase, which are 9.9% and i paid off the rest of my cards (which were 21%) to a consolidation loan of 11%
The credit cards companies will drain your blood if you let them. Make a move.
New Problem: Chase then later RAISED their interest to 23%. So be careful who you transfer to! Or you'll be like me, switching AGAIN

“AIN'T is not a word. STUPID is”

Since: Jul 07

The Internet

#32 Oct 2, 2010
Emmmm

Lancaster, NY

#33 Oct 2, 2010
Be VERY careful with Chase Bank/credit cards.
I h.ad great credit and was with them for many years...
Things went amuck ONE payment and I spent MONTHS on the phone with them...
They LIE, BIG TIME!
When they tell you to send the payment WITHOUT the interest and penalty, they are only working to get whatever dollar out of you they can...
(ALWAYS get what they said in WRITING, before agreeing...)
...and then the bill comes again with more of the same BS.
I no longer have credit cards.
"Cash" world, only.
channel4 skeletons

Buffalo, NY

#35 Oct 2, 2010
How recently has that come into place Tracy? My understanding is that any forgiven debt always stated "Legally paid for less than the full balance." Either way, "paid-satisfied" would suggest that the account had forgiven a portion of it. There is no substitute to "Paid in Full." Plus, any debt forgiven in the amount of $600 or more has to be reported as "unearned income." That is unless they can prove insolvency which is of course a lot of red tape with the greedy SOB's of the IRS.To remove damaged credit, learn about the Fair Credit Reporting Act and use it to your advantage. Once accounts are charged off (over 6 mths of nonpayment), you can get them removed since many 3rd Party Collection Agencies wrongfully report the accounts as accurate (especially the amount owed). Especially debt buyers who purchase defaulted accounts after the original creditor washes their hands. However, that usually happens 1-2 years after first default. Most card companies assign agencies for the first year before selling them to debt buyers.A way to get them off your backs besides learning the FCRA and the Fair Debt Collection Practices Act (FDCPA) is to use the Telephone Consumer Protection Act to your advantage. Here's a tip andf it has to do with cellphones. Credit Card companies (original creditors and assigned 3rd party agencies) as well as debt buyers cannot leave automated voicemails on one's cellphone once the consumer notifies them not to. If they continue to, it's a strict liability statute that is $500/offense. Save every automated voicemail and sue them. Since most creditors don't have the manpower to calls 10's of thousands of accounts, they rely on the automated dialer messages. If they leave 4 automated messages on your cell after you request them not to call your cell, you can sue them for $2000 .If the credit card debt is $2000, you can pay it in full by suing under the TCPA which OC's and Debt Buyers violate daily. The key is to let them know in writing (certified mail return receipt requested) that they are not to call your cellphone. Again, if they do and leave automated messages, it's $500 per call.Do it in State and Federal Court (not Small Claims) since you can also sue for additional "damages" at those levels unlike Small Claims.
channel4 skeletons

Buffalo, NY

#36 Oct 2, 2010
Emmmm wrote:
Be VERY careful with Chase Bank/credit cards.
I h.ad great credit and was with them for many years...
Things went amuck ONE payment and I spent MONTHS on the phone with them...
They LIE, BIG TIME!
When they tell you to send the payment WITHOUT the interest and penalty, they are only working to get whatever dollar out of you they can...
(ALWAYS get what they said in WRITING, before agreeing...)
...and then the bill comes again with more of the same BS.
I no longer have credit cards.
"Cash" world, only.
Chase years ago raised my APR from 7.9% to 19.9% while being completely current, having no negative tradelines and holding a 770 FICO Score at the time. You have no choice because if you don't sign on and agree to the 19.9% terms, they close your card and showing a closed card (especially one carrying a balance) does far more harm to your credit score than keeping it open and paying a ridiculous APR.
channel4 skeletons

Buffalo, NY

#37 Oct 2, 2010
BTW folks, this new Credit Card Reform Act that went into effect back in 2010 only protects new cardholders for the first year of having the card. If you are current after opening a card after Feb 2010, you are only guaranteed to not have an APR hike for the first 365 days of having the card. After that, the bank reserves the right to raise it. This is a misconception people don't understand. You are only protected under this new law for the first year.
channel4 skeletons

Buffalo, NY

#38 Oct 3, 2010
GIslander wrote:
<quoted text>
If I were you I would call the better business bureau
The Better Business Bureau is a non-profit organization that does not protect the consumers rights legally. They are toothless tigers.They aren't attorneys. The way to address the dispute is to sue the creditor yourself. Even reporting it to AG Cuomo is a waste of time. It takes thousands of complaints for Cuomo to take action and those with credit issues don't have years to wait for a potential class action suit.
channel4 skeletons

Buffalo, NY

#39 Oct 3, 2010
To John Gliha Put your money where your mouth is.Have you ever sued one yourself? I have and have always done it Pro Se. I successfully countersued Citibank in 2007 when their hired gun3rd Party Agency Rubin & Rothman from Long Island had me served for a debt that I disputed for years. You need to put the burden of proof on the creditor in court.Example, since most creditors go after you on the incorrect dollar amount, use the "Unjust Enrichment" affirmative defense.Even if the amount they are suing you for is $1 too much, it's still "unjust enrichment." Use it your advantage and in your answers, only admit to your name and address. Also, for most of the complaints you answer to, answer with "Defendant lacks knowledge to admit or deny, therefore demands proof." You also need Affirmative Defenses and send them discovery. When I answered the complaint, I also made 3 copies of all my answers, affirmative defenses and Discovery (Production of Documents, Interrogatories and Requests for Admissions) as well as file a counterclaim against them.I saved a copy for myself, filed the 2nd with the court and mailed the 3rd Certified Mail Return Receipt Requested to R & R representing Citi. I hit them with all that to not only avoid summary judgment but to make them suing me so expensive, they'd fold. Fold they did. They withdrew their claim and since my date of last payment was in April 2004, I am now beyond the Statute of Limitations for credit card debt in NY State which is 6 years since date of last payment.
channel4 skeletons

Buffalo, NY

#40 Oct 3, 2010
One more trick. NY State is a "One Party State." That means you do not have to notify a debt collector that you are recording the call. Entrap them into an FDCPA suit. Ask them questions such as :

1) Are you going to sue me if I do not pay this?

2) Am I going to lose my job if I don't pay you?

3) Please don't call my job, I don't want to get fired.

Very likely, since they work on commission, they will call your job. Once a consumer tells a collector not to call their job and they do, you can sue them.

Collectors cannot make threats they are INCAPABLE of following through on. If they threaten you with a lawsuit and don't follow through, they are in violation of the FDCPA and you can sue them.

Study the FDCPA, FCRA and TCPA. Knowledge is power !!
Krazy Kaisertown Kook

Lockport, NY

#41 Oct 4, 2010
Hi dere, dis is Jimmy,

I tell it you my whorer story of dat credit card.

First ting I do it is tell it lie dat I millionaire man watt have it inwestments. Den credit card peoples send it me card.

I use it card for to buy it Crown Wick, some bowlink shirt, titty lift-dem-up for it Christine, more Chinese trowink star, guns watts illegal and udder tings.

Den I thumb it my large nose at it bank when day ask it me to pay up.
I yust file in dat dere bankruptcy witt fadder-by-laws address so he deal it witt greedy Jew collection peoples.
Fadder-by-laws find it out and have it hardy attack. Dat no sweat off it my pimply dupa.
I have it pay no money.

Dats my story.

Have it go; Wanda call it me.

Bye Bye
I talk by you later
Jimmy
Joellyn

London, UK

#43 Mar 26, 2014
This is the first time I had ever applied for a loan. I couldn't have asked for anything more from the staff that answered any of my questions to the application process. Once this had all been completed the money was transferred quickly into my account. I will definitely be recommending 911PDAY .COM ( http://goo.gl/EvYZBe ) too my friends and family.
Loonies croonies

Silver Spring, MD

#44 Mar 27, 2014
I was in line at the grocery store behind you know who when his credit card was declined. He was trying to buy 400 lbs of cat food and cigarettes
voice of godliness

Hamburg, NY

#45 Mar 27, 2014
Loonies croonies wrote:
I was in line at the grocery store behind you know who when his credit card was declined. He was trying to buy 400 lbs of cat food and cigarettes
What a shame when he could have boughten a candy bar for his som

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