- Report: #1025869
Report - Rebuttal - Arbitrate
Complaint Review: Credit One Bank
Credit One Bank625 Pilot Road, Las Vegas, Nevada United States of America
Credit One Bank CHARGES UNNCESSARY AND ILLEGAL FEES EACH MONTH Las Vegas, Nevada
*Consumer Comment: What's illegal?
*Consumer Comment: It is all in your cardholder agreement
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What this financial institution is not realizing, is that, they are charging MONTHLY an ANNUAL FEE, which is only supposed to be charged once a year; and also with a Finance Charge, Internet Charge and User Charge, the fees truly add up to what a monthly payment could be.
I do know that financial institutions are controlled and regulated by the STATE's Financial Advisor or Banking Commissioner. No, the State of Nevada's State Official Financial Advisor or Banking Commissioner would be the right individual to contact through mail.
The administration is very helpful and will try to assist in certain matters. But, the employees do not control and regulate the fees. The Chairman of the Board or President needs to receive a copy of the letter that is written to the State.
Also, I contact U. S. Senate Banking, Housing and Urban Affairs Committee Members through mail and let them know and ask them for their helpful assistance.
But, truly, **THERE IS NO WAY IN GETTING YOUR BALANCE DOWN WITH ALL THESE FEES**
THE ONLY WAY, IS TO BORROW THE FUNDS AND PAY IT TO ZERO (0).
This report was posted on Ripoff Report on 03/08/2013 08:30 PM and is a permanent record located here: http://www.ripoffreport.com/r/Credit-One-Bank/Las-Vegas-Nevada-89119/Credit-One-Bank-CHARGES-UNNCESSARY-AND-ILLEGAL-FEES-EACH-MONTH-Las-Vegas-Nevada-1025869. 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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