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  • Report:  #611

Complaint Review: SouthTrust Visa Bankcard - Birmingham Alabama

Reported By:
-
Submitted:
Tue, August 17, 1999
Updated:

SouthTrust Visa Bankcard
PO Box 122 Birmingham, 35201 Alabama, U.S.A.
Phone:
800-239-2319
Web:
N/A
Categories:
Credit & Debt Services
Tell us has your experience with this business or person been good? What's this?
SouthTrust Visa's billing structure and compounded interest rate is

basically usury. When you call to see if the banks can get away

with what they are doing...the Better Business Bureau said "It is

not illegal". The minimum payments that they set do not cover

interest alone on the amount of principle you have, and fees are

applied to your account before you ever get your bill. They call

your house repeated even if you make regular monthly payments. And

they send you threatening letters.


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