A bank is charging a credit card account which huge interest but refuses to issue the card for use on the account - this has been going on for years! If they are not willing to issue a card, should they be charging interest on the account? Should they not freeze the interest therefore to allow for clearing the debt? Is this legal? Is this not a breach of the contract?|||If you read the Contract, you will discover that there is nothing in it that says they have to actually issue you with a card .. (although there is lots about how any card they do issue belongs to THEM, not you, and they can ask for it back at any time they like).
However since you have been paying their huge interest charges for years (and not reducing the debt at all), you are plainly one of their best customers !
I suggest you write explaining that if you would be decent enough to send you a card, you will be sure to spend up to whatever new Credit Limit they choose (thereby allowing them to collect even more in interest and fees ..)
You should include a plan that shows how you will continue to pay their charges for the next 50 years ...
On the other hand, if you REALLY want to be nasty to them, pay your debt off as soon as possible ...|||If you still owe money to them which has been going on for years, then they are not going to give you a card to get into more debt. You will have to clear the debt before they will give you more credit. And yes they can keep charging you interest. You owe them Money.|||You're not telling the whole story. Is this an account that you defaulted on? That would explain why the lender will no longer "issue a card."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment