• Report: #72807

Complaint Review: NextCard - Merrik Bank

  • Submitted: Sat, November 22, 2003
  • Updated: Sat, November 22, 2003

  • Reported By:Bellingham Washington
NextCard - Merrik Bank
Merrik Bank PO Box 5000, Draper, Utah 84020-5000 Draper, Utah U.S.A.

NextCard - Merrik Bank ripoff my balance as of 11-4-03 is now a whopping $2559.00 from a ridiculous balance of $18.00! Draper Utah

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I agree with the fact that when Merrik Bank took over my NextCard account that the rates went from 17.74% to 29.70%.

I got a letter from Merrik in July 2002, stating that they had aquired my NextCard account. Well, just prior to that, nextcard had closed my account, with a remaining balance of $18.00.

I just received a call from Denovus Collection agency (879-533-6688) telling me my balance as of 11-4-03 is now a whopping $2559.00 from a ridiculous balance of $18.00! How can they do this? This is one of the worst rip-offs I have ever seen.

My questions is "Is it the collection agency or is it Merrik Bank?" If it is Merrik bank they should get busted for fraud! I am sure if enough people report to the Better Business Bureau maybe something could be done, but I think a class action is a better idea. This is extremly disturbing.

Bellingham, Washington

This report was posted on Ripoff Report on 11/22/2003 02:08 PM and is a permanent record located here: http://www.ripoffreport.com/r/NextCard-Merrik-Bank/Draper-Utah-84020/NextCard-Merrik-Bank-ripoff-my-balance-as-of-11-4-03-is-now-a-whopping-255900-from-a-r-72807. 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.

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