Credit One Bank, Allan Shutt, Narine Yenovkian. Robert Dejong, CEO Las Vegas, Nevada Area - Financial Services Corporate Attorney & Chief Compliance Officer Allan Shutt, Robert Dejong, Narine Yenovkian, Credit One Bank Arbitration, Debtorboards Las Vegas Nevada
Credit One Bank is a subprime, fee harvesting bank based in Las Vegas that offers $300 credit limits and then sues its customers for $1,000s. Not only that, but their in-house attorney, who went to the worst rated Law school in Massachussets and co-counsel, a self taught Canadian named Narine Yenovkian, do their best to damage your credit.
This company is ripe for a CLASS ACTION LAWSUIT. The only issue is that their contract includes an arbitration clause. However, if you choose to arbitrate (search credit one arbitration) and go through JAMS, it will cost them upwards of $100,000 to pursue the claim.
Their CEO, Robert DeJong, fully supports the harassment, defamation and ruin of credit caused by his bank, in his million dollar home in Las Vegas.
The bank makes it nearly impossible to pay them off because of the monthly (annual fee) they continue to charge. The credit limit is so small, it by itself lowers your FICO score (while they advertise falsely that you may receive a $1,000 credit limit).
These hoodwinks are taking advantage of consumers and consumers should fight back. Write a complaint to the CFPB.gov, file arbitration in JAMS, file a ripoffreport, get help from an attorney. These guys are crooks, especially ALLAN SHUTT.