Robert
Irvine,#2Consumer Comment
Mon, July 13, 2009
"at previous billing statement the balance was $287.00 and they were wanting $154.00 onjune 4,2009 du by june 29,2009,i paid $59.00.." - This right there is your problem. They wanted $154 and you payed $95 less. First Premier is a Sub Prime Card, which means that you had credit issues in the past. So I can see why you are having problems again. While I am sure there is a lot you left out, the parts you left out are probably items that would also prove you were incorrect in how you handled your account. You can't be assessed over the limit fees if you are not over the limit. You can not be assessed a late fee unless you are late. If you have a late fee assessed and that fee puts you over the limit they will assess an over the limit fee also. If you had an over the limit fee that means that you were probably close to the limit. So just because they give you a credit limit of $250, does that mean you must spend that much. By the way if you honestly think that the Credit Card legislation was to help the consumer, there is a nice bridge in San Francisco I would like to sell you. If they really wanted to help the consumer why are the regulations not implemented until July 2010?
Edgeman
Chico,#3Consumer Comment
Sun, July 12, 2009
If you were late on your payments then the fees are what you agreed to pay when you accepted the card. The only way the fees would be unfair is if you weren't late or they weren't the fees that were disclosed when you applied. The Credit Card Act of 2009 is irrelevant in your situation because it hasn't taken effect yet. Even then, it won't prohibit credit card companies from charging you late fees if you're late. You might benefit from the fact that you now have to specifically authorize transactions that will put you over your limit before you can be charged an over limit fee. The bank would also have to return your APR to your previous level if you're on time with your payments for six consecutive months but they can still raise your rate if you're late. In short, that legislation won't save you from yourself.