Comments on: Consumer Protection From The Credit Card Companies?

By: Ivanova

Ivanova — Sat, 06 Jun 2009 16:46:01 +0000

A few days ago I found out that my chase credit card account was closed when I tried to use it and it was declined. I was not notified at all , neither by mail nor by phone. I was rearly using that account and always paid in full. Do I have any legal rights to fight the injust treatment and would that affect my credit score negatively?
A week before that I had another credit card closed by the credit card company because of inactivity. They informed me for it and it is true that I hadn’t used that credit card for 6 months.

By: Rose

Rose — Wed, 03 Jun 2009 16:48:22 +0000

Mr. CC, I recently paid my credit card in full. Prior to paying the balance, I contacted the credit card company and asked them what the balance was, the customer service representative gave me the balance and I paid on-line. Also, I paid the balance off two weeks prior to the due date. The following month I received a statement with a balance, due to finance charges. I called the bank to have the finance charges removed and they said no because the finance charges were accumulated for that month. What rights do I have to dispute the finance charges?

By: Jack

Jack — Mon, 02 Feb 2009 14:08:10 +0000

Thanks Mr. CC for answering my question and for the info. I had no idea that you could refuse the changes to your account. This could probably help out a lot of people that transfer for the early rate and received increased rate letters.
Thanks!
Jack