ED Magedson – Founder
Barclay Cards by Barclays BankInternet United States of America
For anyone that does not know how Barclays cards work. My wife used to be employed by Barclays PLC before we relocated due to my career. The Barclays card processing runs a legitimate mail fraud scam. They regularly scam American customers for additional service charges and fees (especially late fees).
My wife was a mail processing specialist for 5 years. One of her duties was to date stamp incoming mail (receivable payments). She was instructed by her superiors to post date stamp any returns that came in before the deadline (within 3 days prior to the actual due date) so that they would be documented as late. Then of course, they could apply these late fees and addtl. service charges to the bill total and sink the customer into deeper servitude. This is outright fraud to Americans. Their only motivation is pure greed and they are getting away with it over and over again.
When you contact them about the late fees - they have no options. They simply instruct the customer to send in the payment two weeks in advance because the U.S. mail cannot get a letter across country in less time. What a gigantic lie and disrespect for the American Postal Service Institution.
Barclays PLC is a British financial services firm operating worldwide. It is a holding company that is listed on the London and New York stock exchanges. Barclays PLC is ranked as the 25th largest company in the world by Forbes Global 2000. Being a foreign entity - they are not subject to the same regulations as American financial institutions.
This report was posted on Ripoff Report on 07/15/2010 11:06 PM and is a permanent record located here: http://www.ripoffreport.com/reports/barclay-cards-by-barclays-bank/internet/barclay-cards-by-barclays-bank-barclays-group-warning-do-not-obtain-a-barclays-credit-car-623718. 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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