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  • Report:  #62852

Complaint Review: FINGERHUT AXSYS NATIONAL BANK

FINGERHUT AXSYS NATIONAL BANK OUTLANDISH BILLING outlandish ripoff late fees My balance is now much higher than my original one! SAINT CLOUD Minnesota

  • Reported By:
    DILLSBURG Pennsylvania
  • Submitted:
    Sun, July 06, 2003
  • Updated:
    Sun, July 06, 2003
  • FINGERHUT AXSYS NATIONAL BANK
    16 MCLELAND ROAD
    ST CLOUD, Minnesota
    U.S.A.
  • Phone:
    800-755-9333
  • Category:

I bought some items from Fingerhut about 2 years ago. I have been making monthly payments since then. However, my balance is now much higher than my original one! They charge a monthly finance charge of anywhere from $5-10.00. They also tack on monthly late charges of $20.00 even though your payment isn't even due yet. They show a monthly finance rate of 2.491% and an annual percentage rate of 29.90%. Isn't that illegal?

My total bill 2 years ago was $250. It is now $294.42. I was even paying more than my minimum due to try and get rid of this bill.

As of today, I will not pay them another cent. EVER.

Cherie
DILLSBURG, Pennsylvania
U.S.A.

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