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Ripoff Report | Bank Of Marin Review - Novato, California
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Report: #331821

Complaint Review: Bank Of Marin - Novato California

  • Submitted:
  • Updated:
  • Reported By: — Willmar Minnesota
  • Author Confirmed What's this?
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  • Bank Of Marin bankofmarin.com Novato, California U.S.A.

Bank Of Marin Secured Credit Card my Arse Novato California

*Consumer Comment: Assuming that the collection company is legitimate...
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I resently recieved a letter from a collections acgency stating that they had bought my account from the Bank of Marin. They state that I owe 695.15. The problem is that it was a secured card. I could not ever extend beyond what I deposited beyond the 200 dollars. So this company, took my two hundred dollars, and sold my account, and now they want 695.15. For what?? I owe them nothing, can anyone help? Thanks Shannon

Shanzman
Willmar, Minnesota
U.S.A.

This report was posted on Ripoff Report on 05/10/2008 07:51 AM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-of-marin/novato-california-94948/bank-of-marin-secured-credit-card-my-arse-novato-california-331821. 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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#1 Consumer Comment

Assuming that the collection company is legitimate...

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

SUBMITTED: Saturday, May 10, 2008

POSTED: Saturday, May 10, 2008

Then the rest of the money is probably in late fees, interest, possible termination fees. I don't know what the terms and conditions are for your particular card, but it will be among the paperwork they sent you when you received your card.

You could probably settle with the collection company for less. Be aware that discussing the debt with them is an acknowledgement and this will appear on your credit report until 2015 if you don't pay it off.

Just be sure that the collection company is legitimate.

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