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Report: #109071

Complaint Review: Premium Savings Group - New Lebenon Nationwide

  • Submitted:
  • Updated:
  • Reported By: San Jose California
  • Author Not Confirmed What's this?
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  • Premium Savings Group New Hampshire Nationwide U.S.A.

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Well I did it too. Like many I am finding on this site I was duped into the scam. I received a call that for $299.50 I will receive a credit card with a credit limit of $2500 and an introductory interest rate of 8.5% for the first year. There are no annual fees and if I pay my bill on time my credit limit would be increased $500 each year to a max of $10,000.

I would receive my card in the mail 10 days after the funds are taken out of my checking account and was provided a name, company name, verification number. It all sounded pretty good so I went for it.

After the 10 days... no card so I called. It will arrive in 10 "business days" after the charge so I waited another week, still no card. I called again and was told please wait a week and if you still don't have it call them back.

I did and was told that many of the "packages" are late because of the hurricanes. Packages? I asked I was not told about any packages. Well I was told the package includes the credit card approval form that I must sign in order to receive my card from the bank. It will take approximately 3-4 weeks after they receive the signed form before my card arrives.

Well yesterday I received the "package" only 43 days after they took my money and guess what it is adds and the credit card form is an application for a secure credit card.

The letter in the package says "Provided this is not exactly what was explained to you while placing your order, you may cancel within a 10 business day period." At a cost of $29.99 which will be deducted from the refund.

I want to file a lawsuit maybe a class action suit will help a lot more than just myself. Respond to the rebuttal if you would be interested.

Joann
San Francisco Bay Area, California
U.S.A.

This report was posted on Ripoff Report on 09/18/2004 09:16 PM and is a permanent record located here: https://www.ripoffreport.com/reports/premium-savings-group/nationwide/premium-savings-group-ripoff-credit-fraud-new-lebenon-nationwide-109071. 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. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
0Author
5Consumer
0Employee/Owner

#5 Consumer Comment

i too was ripped off

AUTHOR: MICHELLE - (U.S.A.)

POSTED: Thursday, November 04, 2004

I got the same phone calland i too was scammed.i too would like t file a class action law suit, someone has to stop these people. They take advantage of the people who only want to improve their lives.I did receive the first box, when my friend said i was scammed and i looked at it i called them to get my money back, they said i too would have to wait for the manilla envelope, well i did not i contacted my bank immediatly and they are working to reverse the charges. Let me know what we need to do to stop this.

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#4 Consumer Comment

Preium Savings Group

AUTHOR: Kristin - (U.S.A.)

POSTED: Wednesday, November 03, 2004

Everything that was mentioned previously has happened to me. This place has withdrawn 299.50 out of my checking account and today I finally received my box, which didnt include a credit card. As like everyone else I received junk mail basically.
I went to my Bank immediatley and my representative called the company and they put her on hold until finally someone answered and said that they were a savings group and have nothing to do with credit cards. I told the man whose name was John Avrice that a man by the name of George McAwl told me that I had been approved for a visa with a spending limit of $5,000. When i said that John Avrice said that he doesnt know why that happened and maybe the man wasnt trained correctly. He then told me that a customer service representative would be calling me in a half an hour and and hour and forty five minutes later still no call. I called back and asked for John and the women who answered said he thought i had the wrong number but went to check to see if a person by the name of John Avrice had worked there. Of course she came back and said he did but left for the day.

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#3 Consumer Comment

Premium Savings Group and the action I am taking

AUTHOR: Michelle - (U.S.A.)

POSTED: Tuesday, November 02, 2004

Just like many others, I have been scammed and not only am I embarrassed, but I am beyond furious. From all the stories that I have read, I believe that it is about time that someone takes action. Today, I am going to my bank to reverse the charges. I recommend that everyone do the same and not hesitate. Like the editor has suggested, do not take "NO" for an answer. We are the consumer, we are the ones keeping them employed and, we are ones that can take that employment away. I am also researching on how to file a class action suit against this company so they will not be able to do this to anyone else. If you have information or have already started the process, please, post it, so we can all work together. I'll keep everyone posted.

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#2 Consumer Comment

Premium Savings

AUTHOR: Mary Kay - (U.S.A.)

POSTED: Wednesday, September 22, 2004

I also received my package and all that was in it was brochures for discounts. No credit card that was promised to me also. If you file a lawsuit I am behind you all the way. I am going to write a letter to the States Attorney with photo copies of what is in the package.

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#1 Author of original report

Premium Savings Group ripoff

AUTHOR: Joann - (U.S.A.)

POSTED: Saturday, September 18, 2004

I am not sure what happened to my original report. Like many others on this site I was scammed. I received a call offering me a credit card with a $2500 with an 8.5% introductory interest rate for the first year and 18% after that. My credit limit will be increased $500 annually if my payments are on time and there are no annual fees. The cost is $299.50 one time fee and in 10 days I will receive my credit card.

Well 15 days later no card so I called and was told that it would be 10 business days. Another week went by still no card so I called again. There is still no information on my card and that I should receive my card by the 12th of Sept (36 days after they took my money). On the 13th I called back when I had not received my card and was told that if my "package" does not arrive next week call them back.

I asked about this "package" and was told that of course banks would not be issuing a credit card until I signed the form and returned it and the form is the package. After asking how long it would take to get the card after returning the form was told 3-4 weeks. I am pretty furious.

My "package" arrived yesterday to contain adds. I get more adds than that from the Sunday paper. Of course the letter tells me I can request a refund minus $29.99 since this is now was explained to me when I placed my order.
This company is a fraud out to screw people who can least afford it.

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