In December 2008, received written notice of cancellation of credit card program. ASPIRE raised the rate of interest on a closed account; charged late and over the limit fees; and, Insurance Premiums which in turn increased my credit card balance.
Contacted the company in January to stop the Insurance Premiums but was billed for it anyway. Informed ASPIRE, I will only pay the balance dueon my purchases and interest only. Contacted ASPIRE via email, telephoned; and, sent a fax to cancel the Insurance Premiums. I am still trying to get this charge stopped. I refuse to pay any tacked on fees to make them more money.
ASPIRE VISA is a fraudulent company; and, is making money hand over fist from every card holder whose account was closed. This also has a negative impact on my credit report. At this rate, my account balance will never be reduced as my payments are going towards interest and excessive fees.
Chrisesmom
Charlotte, North Carolina
U.S.A.