Gateway Credit Card Company AKA Hurley State Bank ripoff liars in reference to finance rates. 90% of what you pay goes to interest Gray Tennessee

It seems immoral to me, the way the financial community lurks in the shadows just waiting to finish off the ones among us who suffer misfortune.

Sure everyone should pay his or her bills in a timely manner, and I am sure that is the intention of most consumers. Still there will be times when a person will be caught out.
I'm not talking about not paying here; I'm referring to the steady customer who makes a couple of late payments only to find himself suddenly cut off from credit lines and stuck with outrageous interest rates. It makes little sense to put a person in a position where he or she cannot hope to satisfy a loan. It would seem that the economy would be far better served if lenders would drop the interest rate on a struggling customer if only to give that person a sense of hope and the satisfaction of covering the debt. Then, the lenders could punish the person by charging a higher interest on new purchases, and, hopefully, the consumer would not enter into further revolving loans until such a time as he or she could make the payment. In my opinion this ambuscade of high interest that comes into play after some late payments will continue to cause a bad situation to seem suddenly hopeless leaving everyone involved a loser.

It seems immoral to me, the way the financial community lurks in the shadows just waiting to finish off the ones among us who suffer misfortune.

Sure everyone should pay his or her bills in a timely manner, and I am sure that is the intention of most consumers. Still there will be times when a person will be caught out.
I'm not talking about not paying here; I'm referring to the steady customer who makes a couple of late payments only to find himself suddenly cut off from credit lines and stuck with outrageous interest rates. It makes little sense to put a person in a position where he or she cannot hope to satisfy a loan. It would seem that the economy would be far better served if lenders would drop the interest rate on a struggling customer if only to give that person a sense of hope and the satisfaction of covering the debt. Then, the lenders could punish the person by charging a higher interest on new purchases, and, hopefully, the consumer would not enter into further revolving loans until such a time as he or she could make the payment. In my opinion this ambuscade of high interest that comes into play after some late payments will continue to cause a bad situation to seem suddenly hopeless leaving everyone involved a loser.

It seems immoral to me, the way the financial community lurks in the shadows just waiting to finish off the ones among us who suffer misfortune.

Sure everyone should pay his or her bills in a timely manner, and I am sure that is the intention of most consumers. Still there will be times when a person will be caught out.
I'm not talking about not paying here; I'm referring to the steady customer who makes a couple of late payments only to find himself suddenly cut off from credit lines and stuck with outrageous interest rates. It makes little sense to put a person in a position where he or she cannot hope to satisfy a loan. It would seem that the economy would be far better served if lenders would drop the interest rate on a struggling customer if only to give that person a sense of hope and the satisfaction of covering the debt. Then, the lenders could punish the person by charging a higher interest on new purchases, and, hopefully, the consumer would not enter into further revolving loans until such a time as he or she could make the payment. In my opinion this ambuscade of high interest that comes into play after some late payments will continue to cause a bad situation to seem suddenly hopeless leaving everyone involved a loser.

It seems immoral to me, the way the financial community lurks in the shadows just waiting to finish off the ones among us who suffer misfortune.

Sure everyone should pay his or her bills in a timely manner, and I am sure that is the intention of most consumers. Still there will be times when a person will be caught out.
I'm not talking about not paying here; I'm referring to the steady customer who makes a couple of late payments only to find himself suddenly cut off from credit lines and stuck with outrageous interest rates. It makes little sense to put a person in a position where he or she cannot hope to satisfy a loan. It would seem that the economy would be far better served if lenders would drop the interest rate on a struggling customer if only to give that person a sense of hope and the satisfaction of covering the debt. Then, the lenders could punish the person by charging a higher interest on new purchases, and, hopefully, the consumer would not enter into further revolving loans until such a time as he or she could make the payment. In my opinion this ambuscade of high interest that comes into play after some late payments will continue to cause a bad situation to seem suddenly hopeless leaving everyone involved a loser.

I to bought a computer from Gateway. When I signed up I was not told that I was getting a credit card from Gateway issued by Hurley State Bank. I was sending in payments on time each month sometimes $100.00 a month and my balance would go down about 10.00 a month. I found a way to solve this problem. Go to your mailbox and take out all of the credit card offers you get in the mail. That has a low interest rate or none at all. Transfer your balance from Gateway to it. I got one for 0 interest for a full year. If you cant find one like that take one for 4-6 months on any interest it will be lower than what you are paying now. And also make sure that there is no Balance Transfer fees this is where the credit card companys make a killing on us. I hope this helps. Good Luck to you.

I bought a computer and had alot of bills so I got behind on my payment. The next thing I knew they charged me double when my account was turned over to Hurly Bank, TN. I am tired of being called irresponsible. With all the mail and calls, they had wondering who the heck I was suppose to be paying. It's kinda strange how the creditors and collectors start dropping you off of you CCC acount around income tax time and demanding more money. It's called greed.

The largest consumer protection settlement in Federal Trade Commission history. Citibank settles for $215 million for predatory loan practices.
Find out more at the Federal Trade Commission's web site or go to
FTC.gov/theassociates
Telephone 1-877-862-0886

Also you may try Consumer Affairs' Mr. Stewart Ashbury 1-800-552-9963
Ext.61011
E.mail: bashby@vdac.state.va.us

Cheers and keep the bastards honest