premier bank credit card monarch recovery credit card scam . I used the card for 25.00 gas purchase and my bill came in at 425.00 sioux falls , South Dakota

These sub-prime cards have ridiculous fees (49.9% interest!!) but even the fees stated ontheir website don't add up to $425.00.  Can you tell us what the additional fees were for?

I opened a account with them back in 2006. I admit I defaulted on a $275.00 balance.



I could not pay the minimum balance one month. Then they tacked on the late fees and all the other charges they could dig up.



Now I was completely out of luck. They then went on to take me to court. I explained in court that the fees were so excessive within two months I was completely over my head.The courts had no sympathy.

They received the Judgement. When they were done tacking on interest court fees and every other fee and interest they had it up to $1,400.



I refuse to pay it. They have tried to garnish my wages but since I am below poverty level they have not received a dime. The last time a collection agency sent me a bill it was up to $2,340



They will never get it. Its pure American greed. If I do get out of poverty, I will file bankruptcy before they get any money. I am done with banks riping off people.