Mary
Shell Knob,#2Author of original report
Sun, February 02, 2003
Thanks Karen. We closed out the account today. To my disappointment, but not to my surprise, they wanted forty dollars more than the system said we owed. We agreed, anxious to have the whole thing over with, then the young woman said that the system wouldn't accept the entire amount ( all but 14.40--strange sum). So they asked us to call back and pay them the remaining balance in eight days--then we can supposedly close out the account. Get this--there will be a check-by-phone fee for that. I smell a rat--a big, slick, shiny rat, with numbers across its forehead.
KAREN
MONROE,#3Consumer Comment
Fri, January 31, 2003
WELL, MY HUSBAND AND I HAVE SHARED YOUR EXPERIENCE. I RESEARCHED PROVIDIAN. THE EMERGE MASTERCARD IS OWNED BY COMPUCREDIT,. THEY HAVE A WEB SITE. NOT MUCH INFORMATION. EMERGE IS WHAT THEY NAMED THE ACCOUNTS THEY CLOSED AND BOUGHT FROM PROVIDIAN. DON'T FEEL BAD! IT WASN'T BECAUSE OF ANYTHING YOU DID OR DID NOT DO. THIS WAS A FINANCIAL WAY FOR PROVIDIAN TO GET BACK THEIR LOSSES FOR THE 300 MILLION DOLLARS THEY WERE SUED FOR, JUST ANOTHER FLEECING OF CONSUMERS. PROVIDIAN FOUND A WAY TO GET AROUND THE LEGAL PART, AND RIP US OFF! THEY COULD USE ANY FLAW ON YOUR CREDIT REPORT EVEN OLD ITEMS. TO USE FOR AN EXCUSE. THE CREDIT REPORTS ARE SO RIDDLED WITH ERRORS IT HORRIFYING!!!TRANS UNION EXPERIAN AND PROVIDIAN ARE ALL IN KAHOUTS AND IT IS FOR THIER OWN FINANCIAL GAINS. WE PAY THE PRICE. JUST A LESSON LEARNED. USE YOUR LOCAL BANKS FOR CREDIT IF YOU CAN. STAY AWAY FROM ANY OF THESE HALF RATE CREDIT COMPANIES. THEY WILL ASSIST TO RUIN YOUR CREDIT AND KEEP YOU IN THE SUB PRIME MARKET. THEN THEY ALL BENEFIT. THEY GET RICHER AND WE GET POORER. ONE HOPEFULL THOUGHT! THERE ARE SOME GOOD ATTORNEYS GOING AFTER THESE CROOKS. THEY ARE GETTING CAUGHT.SLOWLY BUT SURELY!