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  • Report:  #46308

Complaint Review: Emerge Master Card/Providian Financial - Columbus Georgia

Reported By:
- Hammond, Indiana,
Submitted:
Updated:

Emerge Master Card/Providian Financial
Processing Payment Center PO Box 23034 Columbus, 31902-3034 Georgia, U.S.A.
Phone:
866-705-3603
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
This company which is Providian had accounts transfered to Emerge master card which they owned jacked up the interest rate from almost 24% to 29.99% then chages the number of days on their billing cycle so that if you pay the minium monthly payment it all goes toward interest and in some cases does even cover the interest.

Why is the Federal Goverment isn't doing something about this company? When interest rate are droping all over and they just jack them up.

Noel

Hammond, Indiana
U.S.A.


1 Updates & Rebuttals

Anon

Miami,
Florida,
U.S.A.
gov't is doing something about this

#2Consumer Suggestion

Fri, February 21, 2003

Hello-- I think the gov't is doing something about this company. I beleive they were cited for predatory lending and predatory tactics. Do a search under "predatory lending" "fair credit reporting act" "truth in lending" and you should come across the suit. good luck, hope the info helps.

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