- Report: #39391
Complaint Review: Providian Financial Corp - Arlington Texas
-
Author Not Confirmed
Why?
Providian Financial Corp
P.O Box 99604 Arlington, 76096 Texas, U.S.A.
Phone:
800-356-0011
Web:
N/A
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Providian Financial Rip-off Fraudulently increased my interest rate without prior knowledge Arlington Texas
I HAD A CREDIT CARD ACCOUNT WITH THIS COMPANY SINCE 1999.
I NEVER WAS A DAY LATE ON ANY OF MY PAYMENTS TO THEM,
THEN ALL OF A SUDDEN IN OCTOBER OF THIS YEAR 2002 I
RECIEVED A LETTER INFORMING ME THAT MY ACCOUNT WAS BEING
CLOSED AND TRANSFERRED TO ANOTHER AGENCY NAMED 'CARD
SERVICE CENTER'. I WASN'T REALLY CONCERNED AT THE TIME
BECAUSE I HAD PLANNED ON PAYING OFF THE ACCOUNT IN ORDER
TO GET MYSELF FINANCIALLY PREPARED FOR THE PURCHASE OF A
HOME. I AM A SINGLE MOTHER AND THIS HAS BEEN MY GOAL FOR
A COUPLE OF YEARS NOW.
aNYWAY IN nOVEMBER OF THIS YEAR I RECIEVED A BILL FROM
THIS CREDIT CARD CENTER AND MY INTEREST HAD GONE UP TO
29.99%, I WAS SO UPSET i CALLED TO FIND OUT WHY THIS HAD
HAPPENED AND WAS INFOPRMES THAT PROVIDIAN HAD CONTACTED
ALL OF THE CONSUMERE ACCOUNTS THAT THEY HAD XCDECIDED TO
CLOSE AND LET THEM KNOW THAT THE INTEREST RATE WAS
INCREASING TO 29.99%. I RECIEVED NO SUCH NOTIFICATION, MY
INTEREST WITH PROVIDIAN WAS 16.99%. THIS IS OUTRAGEOUS.
THEY ALSO TOLD ME THAT THE REASON THEY DECIDED TO CLOSE
MY ACCOUNT WAS BECAUSE AFTER LOOKING AT MY CREDIT REPORT
I WAS A RISK TO THEM AS FAR AS PAYING OFF MY ACCOUNT WITH
THEM. THIS IS NONSENSE. AT THIS TIME I DID THE SMART
THING AND REQUESTED COPIES FROM THE REPORTING AGENCY THAT
THEY CLAIMED THEY CONTACTED AND THE LAST TIME THAT THEY
LOOKED INTO MY CREDIT WAS OCTOBER OF 2001. THEY DECIDED
FOR A YEAR AFTER THAT (AND HAD ALSO INCREASED MY CREDIT
LIMIT) THAT I WAS A RISK, NEVER BEEN LATE WITH THEM OR
ANYONE ELSE, HOW CAN THEY DO THIS TO ME? IS THIS LEGAL?
NOW ALL MY PAYMENTS ARE GOING TO INTEREST. I PAY $104 PER
MONTH AND $100 GOES TO INTEREST, I WILL NEVER GET THIS
PAID OFF. CAN SOMEONE LET ME KNOW IF THIS IS LEGAL, I AM
SO UPSET, YOU DO THE RIGHT THING AND THIS IS HOW YOU ARE
RE-PAYED. I WOULD BE WILLING TO TAKE LEGAL ACTION AGAINST
THEM IF SOMEONE IS WILLING TO TAKE MY CASE, I HAVE THE
PROOF THAT I WAS NEVER LATE ON ANY PAYMENTS AND THAT MY
DEBT RATION HAS NOT CHANGED SINCE OPENING THIS ACCOUNT.
CAROLINE
BRUNSWICK, Georgia
U.S.A.
I NEVER WAS A DAY LATE ON ANY OF MY PAYMENTS TO THEM,
THEN ALL OF A SUDDEN IN OCTOBER OF THIS YEAR 2002 I
RECIEVED A LETTER INFORMING ME THAT MY ACCOUNT WAS BEING
CLOSED AND TRANSFERRED TO ANOTHER AGENCY NAMED 'CARD
SERVICE CENTER'. I WASN'T REALLY CONCERNED AT THE TIME
BECAUSE I HAD PLANNED ON PAYING OFF THE ACCOUNT IN ORDER
TO GET MYSELF FINANCIALLY PREPARED FOR THE PURCHASE OF A
HOME. I AM A SINGLE MOTHER AND THIS HAS BEEN MY GOAL FOR
A COUPLE OF YEARS NOW.
aNYWAY IN nOVEMBER OF THIS YEAR I RECIEVED A BILL FROM
THIS CREDIT CARD CENTER AND MY INTEREST HAD GONE UP TO
29.99%, I WAS SO UPSET i CALLED TO FIND OUT WHY THIS HAD
HAPPENED AND WAS INFOPRMES THAT PROVIDIAN HAD CONTACTED
ALL OF THE CONSUMERE ACCOUNTS THAT THEY HAD XCDECIDED TO
CLOSE AND LET THEM KNOW THAT THE INTEREST RATE WAS
INCREASING TO 29.99%. I RECIEVED NO SUCH NOTIFICATION, MY
INTEREST WITH PROVIDIAN WAS 16.99%. THIS IS OUTRAGEOUS.
THEY ALSO TOLD ME THAT THE REASON THEY DECIDED TO CLOSE
MY ACCOUNT WAS BECAUSE AFTER LOOKING AT MY CREDIT REPORT
I WAS A RISK TO THEM AS FAR AS PAYING OFF MY ACCOUNT WITH
THEM. THIS IS NONSENSE. AT THIS TIME I DID THE SMART
THING AND REQUESTED COPIES FROM THE REPORTING AGENCY THAT
THEY CLAIMED THEY CONTACTED AND THE LAST TIME THAT THEY
LOOKED INTO MY CREDIT WAS OCTOBER OF 2001. THEY DECIDED
FOR A YEAR AFTER THAT (AND HAD ALSO INCREASED MY CREDIT
LIMIT) THAT I WAS A RISK, NEVER BEEN LATE WITH THEM OR
ANYONE ELSE, HOW CAN THEY DO THIS TO ME? IS THIS LEGAL?
NOW ALL MY PAYMENTS ARE GOING TO INTEREST. I PAY $104 PER
MONTH AND $100 GOES TO INTEREST, I WILL NEVER GET THIS
PAID OFF. CAN SOMEONE LET ME KNOW IF THIS IS LEGAL, I AM
SO UPSET, YOU DO THE RIGHT THING AND THIS IS HOW YOU ARE
RE-PAYED. I WOULD BE WILLING TO TAKE LEGAL ACTION AGAINST
THEM IF SOMEONE IS WILLING TO TAKE MY CASE, I HAVE THE
PROOF THAT I WAS NEVER LATE ON ANY PAYMENTS AND THAT MY
DEBT RATION HAS NOT CHANGED SINCE OPENING THIS ACCOUNT.
CAROLINE
BRUNSWICK, Georgia
U.S.A.
