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Report: #1331393

Complaint Review: Founder's federal credit union Visa Card - Lancaster South Carolina

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  • Reported By: judy — Rock Hill South Carolina USA
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  • Founder's federal credit union Visa Card 607 North Main Street Lancaster, South Carolina USA

Founder's federal credit union Visa Card FCU Visa, Founders Visa I got a credit card 11 years ago signed up for credit protection plan right then, well last year I became unemployed so I called to use my plan that they tacked charges each month for on my card as well as intrest for years and I was told that plan only covered if I became disabled or died, it would pay off card then, well I became disabled and called then to use my plan i was still being charged for and I was told that my plan only covers if I can prove unemployment or die shortly after Founder's Visa cancelled my protection plan after I ask several times to use it with no success and now credit card/ Founders wants to act like I never had such plan and has locked up my accounts to make me agree to a payment, THE CARD PROTECTION INSURANCE is a FRAUD, you get to make payments with intrest added and late fees every month for nothing. I am contacting legal help as i have paid this card off several times before all of this with card protection fees and interest and when i need to use it I get NOTHING, Lancaster/ Rock Hill/ Indian Land/ Clemson South Carolina

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i got a Founder's Visa credit card 11years ago and signed up then for payment protection plan/insurance, I have paid off this card several times with fees and intrest for protection plan/insurance. I was sold 1 plan that covers life, unemployment and disability. I recentyl became unemployed and got unemployment check from NC when I called credit card company to use My protection plan I was told I had to be disabled or die before I could use plan, Well I am on Social Security Disabilty now  and ask again to use My protection plan and I was told that it only covered if I had proof unemployment or died, shortly afterwords I got letter in mail saying the Credit card company decided to cancel my protection plan and now the Credit card company acts like I never ask or had such plan, I refuse to pay anymore money until all charges including intrest and late fees are removed from My bill for entire 11 years they collected my money for phoney insurance/ protection plan.

This report was posted on Ripoff Report on 10/03/2016 01:34 PM and is a permanent record located here: https://www.ripoffreport.com/reports/founders-federal-credit-union-visa-card/lancaster-south-carolina-29720/founders-federal-credit-union-visa-card-fcu-visa-founders-visa-i-got-a-credit-card-11-y-1331393. 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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