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Fingerhut / Axsys National Bank RIPOFF Double-charges on interest Sioux Falls South Dakota
Well my beef is that when I origanilly started buying items from fingerhut it was when they used the booklet with the payment slips in them not this credit card thing through Axsys Bank. My problem is that when you bought something and they sent you the product the finance charge for the get now and pay later service was already figured into the total price all you had to do was send in the payments when due.
But when they changed to the Axsys system the now us a compounded intersest system and they transferred any outstanding depts to this credit card account when they swithed over to it and promptly began to compound interest onto my bill. How is this legal sounds like double and triple charging for a product with a fixed finaces rate already figured into the price of a item.