Report: #111870

Complaint Review: First Premeir Bank

First Premeir Bank Bad Credit Company Sioux Falls, South Dakota

Reported By:

— W. Terre Haute Indiana
Submitted:

Thu, October 07, 2004
Updated:

Thu, October 07, 2004

First Premeir Bank

P.O.Box 5147 Sioux Falls, SD

Sioux Falls, South Dakota

U.S.A.
Phone:
Category:

Banks

My fiance and I currently have Master Card credit cards from First Premeir Bank aka Premeir Credit Services. We just paid off our bills in full.

My fiance paid via eletronic withdrawl for a whopping $12.95 service charge and I paid via check. Both payments have cleared, but we will not be able to use our cards until the 13th of October and 19th respectively.

I was told that it takes 15 days for my credit card payment to clear my bank. I caled my home town bank of First Financial Bank of Terre Haute.

How can it be that it takes fifteen days to clear the Federal Reserve Bank to when I do not bank with the Federal Reserve? Also since when is my bank check got to clear the Federal Reserve?

I have bad credit and trying to get my credit rebuilt but this does not help.

Robert
W. Terre Haute, Indiana
U.S.A.

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