NATIONAL ASSOCIATION CREDIT SERVICES (NACS) rip-off deceptive company Tamp Bay Florida

My wife received a phone call on 2/4/03 from NACS informing her that she had beed approved for a credit card with a credit limit of $2,500.00, and that she would be able to use her card at ATM machines for cash withdrawls, and at retailers in our area.

When she started telling me about it a red flag went up. She said that they (NACS) would deduct $200.00 from our checking account on the 28th, and that each time she used the card an additional $25.00 would be charged.

I called the company only to get the run around, but did find out it was a credit card for a catalog sales only.

I tried to cancel the card, but was told that I would have to wait several days, and call back in order to cancel. I spent almost 30 minutes on the phone trying to take care of this matter, and spoke to several represenatives of this company.

My only recourse is to close out my checking account, and reopen a new one to keep (NACS) from withdrawing the money from my account. I was told that if I did so they would report it to the credit bureau, and it would show up as bad credit on my wifes credit report.

I hope this helps someone else that may receive a call from this company, that mis-represents it product, and its services.

Samantha
Vinton, Virginia
U.S.A.