Complaint Review: CREDIT ONE BANK - Nationwide

 

Robert DeJong

 

Credit One Bank/CEO

 

585 E Pilot Rd, Las Vegas, NV 89119

 

November 21, 2016

 

 

I am in the process of trying to rebuild my credit history.

 

I received your offer of a pre-approved credit card earlier in November 2016. And as your offer came in the same mail with my parents’ Capitol One bill, I mistakenly thought your company Capitol One and applied for your card.  This has proved to be an enormous mistake on my part.

 

After realizing my error, I immediately started researching your company Online. What I found filled me with dread. It appears your company is well known for its predatory lending practices. I found complaints in the thousands providing proof that Credit One Bank does not only NOT subscribe to the cleans hands doctrine, but that Credit One Bank is guilty of the  bait and switch law as well. To add insult to injury, it appears your company ensures its victims are unable to cancel your credit card.

 

This correspondence serves to puts you on notice that I am cancelling this card. It has never been activated, will never be activated and in fact has been shredded.

 

However, since it was my mistake I am enclosing an U.S. Postal money order in the amount demanded.  I do not expect to keep paying for this mistake over and over, year and year out due to your vulturine lending practices.  I will fight for my rights as long as necessary and with every agency whose mission it is to protect the American consumer up to and including the Supreme Court.

 

 

Several sites on the internet has hundreds of complaints of the inability to cancel this card. As after the bill is paid in full along with requests for cancellation,  your company charges one cent, thereby ensuring the bill is never paid in full and can then charge the victim the annual enrollment fee, late fees, or any other (in) applicable fees your company dreams up.

 

While none of the above has happened to me to date, I am positive your company will use the same odious scam tactics on me that you have used on thousands of others. Therefore, this letter is a peremptory notice not to.

 

Credit One Bank employs the age-old schemes of cheating, stealing, and separating the poor from their hard earned funds all the while appearing law abiding.  It is not law abiding.  It is unethical, it is dishonorable, it is corrupt, and it is quite simply immoral.

 

In an effort to protect myself from your corrupt practices, I have also contacted the agencies listed below with my complaint.  And I call on you, Mr. DeJong, to conduct yourself as a principled businessman as opposed to one who is unscrupulous.

 

Because:  “The only thing necessary for the triumph of evil is for good men to do nothing.” - Edmund Burke

 

cc:     Ripoffreport.com

 

cc:     Lisa Madigan

          Attorney General of Illinois

          Consumer Protection Bureau

          500 South Second Street

          Springfield, IL 62701

 

cc:     Loretta E. Lynch, Attorney General

          U.S. Department of Justice

          Fraud Division

          950 Pennsylvania Avenue, NW

          Washington, DC 20530-000

 

cc:     Office of the Comptroller of the Currency (OCC)

          Consumer Complaints Division

          400 7th Street, SW

          Washington, D.C. 20219

 

cc:     FDIC Office of the Ombudsman

          E-2022

          3501 Fairfax Drive

          Arlington, VA 22226

 

cc:     Commissioner, Edith Ramirez

          Federal Trade Commission

          600 Pennsylvania Avenue, NW

          Washington, DC 20580

         

 

cc:     Better Business Bureau

          6040 S. Jones Blvd. Las Vegas, NV 89118

 

I am in the process of trying to rebuild my credit history.

 

I received your offer of a pre-approved credit card earlier in November 2016. And as your offer came in the same mail with my parents’ Capitol One bill, I mistakenly thought your company Capitol One and applied for your card.  This has proved to be an enormous mistake on my part.

 

After realizing my error, I immediately started researching your company Online. What I found filled me with dread. It appears your company is well known for its predatory lending practices. I found complaints in the thousands providing proof that Credit One Bank does not only NOT subscribe to the cleans hands doctrine, but that Credit One Bank is guilty of the  bait and switch law as well. To add insult to injury, it appears your company ensures its victims are unable to cancel your credit card.

 

This correspondence serves to puts you on notice that I am cancelling this card. It has never been activated, will never be activated and in fact has been shredded.

 

However, since it was my mistake I am enclosing an U.S. Postal money order in the amount demanded.  I do not expect to keep paying for this mistake over and over, year and year out due to your vulturine lending practices.  I will fight for my rights as long as necessary and with every agency whose mission it is to protect the American consumer up to and including the Supreme Court.

 

 

Several sites on the internet has hundreds of complaints of the inability to cancel this card. As after the bill is paid in full along with requests for cancellation,  your company charges one cent, thereby ensuring the bill is never paid in full and can then charge the victim the annual enrollment fee, late fees, or any other (in) applicable fees your company dreams up.

 

While none of the above has happened to me to date, I am positive your company will use the same odious scam tactics on me that you have used on thousands of others. Therefore, this letter is a peremptory notice not to.

 

Credit One Bank employs the age-old schemes of cheating, stealing, and separating the poor from their hard earned funds all the while appearing law abiding.  It is not law abiding.  It is unethical, it is dishonorable, it is corrupt, and it is quite simply immoral.

 

In an effort to protect myself from your corrupt practices, I have also contacted the agencies listed below with my complaint.  And I call on you, Mr. DeJong, to conduct yourself as a principled businessman as opposed to one who is unscrupulous.

 

Because:  “The only thing necessary for the triumph of evil is for good men to do nothing.” - Edmund Burke

 

 

 

 

cc:     Ripoffreport.com

 

cc:     Lisa Madigan

          Attorney General of Illinois

          Consumer Protection Bureau

          500 South Second Street

          Springfield, IL 62701

 

cc:     Loretta E. Lynch, Attorney General

          U.S. Department of Justice

          Fraud Division

          950 Pennsylvania Avenue, NW

          Washington, DC 20530-000

 

cc:     Office of the Comptroller of the Currency (OCC)

          Consumer Complaints Division

          400 7th Street, SW

          Washington, D.C. 20219

 

cc:     FDIC Office of the Ombudsman

 

          E-2022

 

          3501 Fairfax Drive

 

          Arlington, VA 22226

 

 

 

cc:     Commissioner, Edith Ramirez

 

          Federal Trade Commission

 

          600 Pennsylvania Avenue, NW

 

          Washington, DC 20580

 

         

 

 

 

cc:     Better Business Bureau

 

          6040 S. Jones Blvd. Las Vegas, NV 89118