• Report: #578733

Complaint Review: APPLIED BANK

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Fri, March 05, 2010
  • Updated: Thu, February 10, 2011

  • Reported By: amir — philadelphia Pennsylvania United States of America
APPLIED BANK
wilmington, Delaware United States of America

APPLIED BANK wilmington, Delaware

*Consumer Comment: A couple of suggestions for you...

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

I have been working on repairing my credit
.....kontera.com/javascript/lib/imgs/grey_loader.gif" class="preloadImg">
for the last 2 years, i have not had one late or over the limit problem with the four credit cards i still hold. when i recieved my applied bank card solicited to me 4 months ago i've done nothing but pay over the limit fees due to hidden financial charges and other charges that added up puts you over the limit. they also wait to charge these amounts when your available credit is low so that when charges are applied it puts you over the limit. also they mail out your statements late so that when you recieve them it is too late to get it back to them in time allowed 10 working days.

i recieved my statement this month on the 8th of january when due date was january 16th. This card is ruining all the credit i've worked hard on building for 2 years. they are without boundries when it comes to business ethics.

i feel they should be made accountable for the grief they have given to the unfortunite people like me who were solicited by them. There has to be some kind of laws to protect the public from scam artists like applied bank.

PS. CAN SOMEONE PLEASE HELP US, I SENT TO MUCH MONEY TO THESE PEOPLE TO TREAT ME THAT WAY THIS MONTH I WAS CHARGE ANOTHER 35 DOLLARS LATE FEE WHEN I SEND IN $700 WAY BEFORE THE DO DATE AND AS I LOOK UP MY ACCOUNT THEY HAVE NOT POSTED ANY THING RIGHT I GOT KIDS WITH A DEAD END JOB THAT'S NOT THE PROBLEM BEING RIP OFF AND BEING LOW INCOME THATS BAD AND THAT HURTS. I NEED MY MONEY

Victoria c
Erie, Pennsylvania
U.S.A.























This report was posted on Ripoff Report on 03/05/2010 01:55 PM and is a permanent record located here: http://www.ripoffreport.com/r/APPLIED-BANK/wilmington-Delaware-19886-7120/APPLIED-BANK-wilmington-Delaware-578733. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on APPLIED BANK

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

A couple of suggestions for you...

AUTHOR: spc3rd - (USA)

Your situation is indeed unfortunate Amir, and if you check out other credit card issuers here on this website...you'll find there are many, many, complaints. 

I am a little puzzled by your comments though.  Near the end of your posting, you indicate you have children; are in a dead-end job, and live on a low income.  Yet, in the first paragraph of your posting, you indicated you still have 4 other credit cards.

What I will say to you here is not intended to be condescending or to downplay the seriousness of your situation, but rather to hopefully provide some suggestions that may be useful.  To begin with, I would commend you for your efforts in trying to repair your credit record.  Secondly, when a person is having to live on a low income from month-to-month (as you indicated you do)...it is very unwise to go and obtain multiple credit cards...even though you are attempting to improve your credit rating.  (This is even more significant in your situation since you have children as well).

You have to live within your means.  It is very easy to get caught up in the credit card trap.  Since the Congress passed new laws regulating the banking and credit card businesses, the banks have dramatically increased their interest rates and other fees.  Using multiple credit cards constantly to purchase goods and/or services may seem convenient, but it won't take long before most of your income is being used to pay your credit card bills.

You really need to work hard on paying-off those credit cards AND stop making anymore purchases using them.  Begin paying for the necessities you need by cash or check instead.  Keep in mind that there is a difference between "needs or absolute necessities" and things which are "wants."  "Wants" are NOT necessities, like groceries and health care are.  Eating out at fast food places or restuarants is NOT a necessity; that is something which may be an enjoyable activity, but is NOT a necessity.  You CAN live just fine without it.  Going to the movie theater is not a necessity.  If you have a TV and VCR/DVD player at home...you can just as easily rent a movie...and the cost will save you significant money compared to the cost of movie tickets. 

Sit down and look at where your money is going each month, then make yourself a budget and stick to that budget - NO exceptions!  Look for ways to reduce your expenses.  For example, let's say you have a home phone (landline) with a number of extra features, such as , Caller ID, Call Waiting, etc; consider dropping any of those extra features which you are paying additional money for each month on your phone bill.

Unless you have your own business (or other situation) where you absolutely have to have those extra features...drop them and just pay for a basic phone line.  The same thing if you are paying for some unlimited long distance calling plan.  With your low income level...you should not be spending money on long distance service just to talk to family or friends all the time.  Let THEM call you and/or write letters to keep in touch...at least until you are back on your feet, financially speaking. 

I would further suggest this.  If you have a friend or relative who is very good at budgeting their own expenses/managing their finances...ask them to help you out with making that budget I referred to!  The sooner you can set up a budget and begin living within that budget...the sooner you'll pay off those credit card balances and CLOSE the accounts.  Given your situation, I would say you should  retain at most... only ONE CREDIT CARD...for UNEXPECTED EMERGENCIES!  Get your children involved in the budget preparation as well.  Explain to them what you are trying to do and ask them to help you decide what things you can cut back on or eliminate altogether.  Talk to them about the difference between "necessities" and "wants."   


I am not some financial adviser, but like you, I DO have to subsist upon a limited, fixed, income each month.  Although, I do not have any credit cards, I do have a budget which I stick to!  This is something you CAN do!  It will take time to get used to living on a budget, but in the long run, the benefits you'll achieve will bring you and your family a much better quality of life; and that is priceless!

I wish you all the best! 
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory