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Discover Card Complaint - I Hope Discover Card Is Wearing Protection As It Screws So Many Americans - Discover Card
Complaint
WILMINGTON, DELAWARE -- Fellow Hardworking American Citizens,
DO NOT UNDER ANY CIRCUMSTANCES GET A DISCOVER CARD!!!!!!!!!
(Have a bake sale, a car wash, sell stuff on ebay, but don't get screwed by a credit card company, like I am gettting screwed (BUT NOW FIGHTING BACK)
...DON'T GET ANY CREDIT CARD FOR THAT MATTER. I KNOW YOU HAVE HEARD THIS BEFORE, BUT IT CAN'T HURT TO HEAR IT ONE MORE TIME BECAUSE IT IS THAT IMPORTANT, NOW MORE THAN EVER, WITH THESE CREDIT CARD COMPANIES AND THEIR BANK CRONIES TEAMING UP WITH WASHINGTON TO BUTT SCREW AMERICA TILL WE SUBMIT OR I GUESS FIGHT BACK LIKE I AM DOING AND YOU SHOULD TO, ONE AT A TIME, WE CAN FIX THIS, AND THAT'S DEMOCRACY...
My story or a rough cut of a letter that is truly still a work in progress is below, it is being sent to discover, craft your own letter, fight the power, no more 28% interest, no more debts that last 20 years because they are specially formulated to keep you in debt, based on the companies knowing your payment history that is what you are capable of, and hitting you with fees or an interest rate, to keep you in debt, it is IN DISCOVER CARDS BEST INTEREST FOR YOU TO BE SUFFOCATED WITH DEBT YOUR ENTIRE LIFE, no more!!!!make a stand, the time to fight is now...complain on the internet, post your stories, rants, complaints, even if they are rough like mine, you can come back and hone them up later...also file complaints with the better business bureau...et cetera...more below...
My name is Tom Anderson and I am submitting this formal complaint letter to Discover Card. I am a very dissatisfied customer and will also be submitting this letter with adjustments made per the audience to the Better Business Bureau, City, State and Federal business regulatory commissions, consumer advocacy groups, my local politicians where I first became a Discover card holder, and to the politicians where I currently reside, local, State and Federal. In addition I will wage an all out campaign against Discover Card and their unscrupulous practices via the internet. By any means necessary. I will give Discover Card 7 days from my mailing of this letter to address this situation, I will be willing to negotiate, initially, but in the past when I have battled capitalistic, corrupt institutions like Discover Card I have found they do not work with me until they see the full barrage one motivated consumer can wreak upon their business.
I have held a Discover card for over 9 years; I have 99% of the time paid my bill, in full on time. I have made a lot of money for your company. That is over.
Problem # 1
My credit limit is at roughly $5000, you loaned me $5000, how many times do you think I have paid you $5000, for the privilege of that initial loan, and how many more times does Discover Card expect me to pay another, and another $5000 on that initial loan you made to me years ago. Other consumers may pay, and pay, but I am standing up and telling you, you made your money off of me and we are through. I have not even used my card for almost 2 years only made payments and their that debt is unmovable...and not even just the minimum payments, we're talkng 300 dollars here, 500 this month, 150 another month...and the debt stays the same...
Problem # 2 Closely tied into Problem #1
Discover Card has figured out a way based on consumers average payments, interest rate, credit limit et cetera to keep a consumer constantly and permanently in debt. We have all heard the statistics of how long it would take most consumers to logically and reasonably pay off their credit card debt. We have also heard of how many hard working, good, decent Americans are buried in your credit card debt. Enoughs, enough.
The real question is, do you settle with me, or do you allow me to begin my campaign to encourage all consumers to fight and push, and push and litigate, and default, until your company collapses.
Problem # 3
You have consumers agree to changes in contracts, not by signing or even reading (Witnessing) the change but simply by continuing to use their card. So you sell a consumer a Credit Card via an awesome 0%, no payments, incentives, cash back, sales pitch, then mail about thirty offers, junk mail, to the consumers house over the next year but one of those envelopes contains addendums to the original contract, like if you miss one payment not only will you be assessed a late fee (Double Jeopardy Punished twice for the same offense), but your interest rate doubles. How about a late fee or double someones interest, rate, or how about
hey I made my payment, for whatever reason it was a little late, people have logical reasons for being late in life, and so all is forgiven you still get your money and you are still getting 10-13 percent interest on your money, BUT thats not good enough for the fine people at Discover Card, NO, how about my money and 13 percent interest, and a late fee, nope thats not good enough either. Double the interest rate too.
No consumer in their right mind would or for that matter, it turns out, ever did agree to this clause. That clause isn't how Discover Card gets customers. You get em with a beautiful offer. Then send out an addendum to their contract. I would be willing to fight this in court on the grounds that, YES, FOR A CONTRACT TO BE VALID BOTH PARTIES HAVE TO READ, AGREE TO AND SIGN IT. For that matter I might just say that I am not sure I ever signed an agreement with Discover Card, and maybe many consumers didn't. I don't know if I signed my initial contract, it would be easy to find out, but I know I never signed any addendums, concerning raising my interest rate for late payments.
The question is, do I take legal action action against Discover or do I encourage thousands, no millions of consumers to take action, involving many lawyers, in a class action lawsuit against Discover on the validity of contracts, this is just one point among many that could dissolve your and other credit institutions in an instant if this goes to court.
Problem # 4 - And in Closing
I will not pay my Discover Card bill, not now, not ever. Like so many other hard working Americans. Discover card HAS constructed a system to keep consumers in debt. You and other credit lending institutions are unscrupulous. The time for change is NOW. You crossed the wrong guy in this consumer. I will negotiate with you now (Maybe) or within 7 days of you receipt of this letter, but then I pull no punches, and settle for no less than the bankruptcy and collapse of your company, via consumer education, spun into individuals fighting Discover card, turning into class action lawsuits all over the country concerning the validity of contracts and other unfair practices, and turning over accounts and bills concerning overcharges, re-adjustment of interest paid, refunds, refunds, refunds, collapse.
I hope to hear from Discover Card representative soon concerning this issue, if not.
One more thing...recently I made a payment on my card at Sears...Discover card called me a month latter and said I owed them a 2 payments, and a late fee, and they are going to raise (Double) my interest rate, because that's what they do if you miss one payment...well, this is because they didn't get the payment I made...computer error...people error, don't know yet, it's under investigation, just telling consumers this because all Discover Card holders who have ever been assesed a late fee, or had their interest rates increased, should immediately, don't delay, call or email Discover and demand an audit/investigation of your account, it could be they made a mistake, and didn't get your payment, have them turn over the books on your account, before you ever let them charge you a latge fee or raise your interest rate.
Thank You for reading...
If we all stand up to this we can beat it...Democracy?
DO NOT UNDER ANY CIRCUMSTANCES GET A DISCOVER CARD!!!!!!!!!
(Have a bake sale, a car wash, sell stuff on ebay, but don't get screwed by a credit card company, like I am gettting screwed (BUT NOW FIGHTING BACK)
...DON'T GET ANY CREDIT CARD FOR THAT MATTER. I KNOW YOU HAVE HEARD THIS BEFORE, BUT IT CAN'T HURT TO HEAR IT ONE MORE TIME BECAUSE IT IS THAT IMPORTANT, NOW MORE THAN EVER, WITH THESE CREDIT CARD COMPANIES AND THEIR BANK CRONIES TEAMING UP WITH WASHINGTON TO BUTT SCREW AMERICA TILL WE SUBMIT OR I GUESS FIGHT BACK LIKE I AM DOING AND YOU SHOULD TO, ONE AT A TIME, WE CAN FIX THIS, AND THAT'S DEMOCRACY...
My story or a rough cut of a letter that is truly still a work in progress is below, it is being sent to discover, craft your own letter, fight the power, no more 28% interest, no more debts that last 20 years because they are specially formulated to keep you in debt, based on the companies knowing your payment history that is what you are capable of, and hitting you with fees or an interest rate, to keep you in debt, it is IN DISCOVER CARDS BEST INTEREST FOR YOU TO BE SUFFOCATED WITH DEBT YOUR ENTIRE LIFE, no more!!!!make a stand, the time to fight is now...complain on the internet, post your stories, rants, complaints, even if they are rough like mine, you can come back and hone them up later...also file complaints with the better business bureau...et cetera...more below...
My name is Tom Anderson and I am submitting this formal complaint letter to Discover Card. I am a very dissatisfied customer and will also be submitting this letter with adjustments made per the audience to the Better Business Bureau, City, State and Federal business regulatory commissions, consumer advocacy groups, my local politicians where I first became a Discover card holder, and to the politicians where I currently reside, local, State and Federal. In addition I will wage an all out campaign against Discover Card and their unscrupulous practices via the internet. By any means necessary. I will give Discover Card 7 days from my mailing of this letter to address this situation, I will be willing to negotiate, initially, but in the past when I have battled capitalistic, corrupt institutions like Discover Card I have found they do not work with me until they see the full barrage one motivated consumer can wreak upon their business.
I have held a Discover card for over 9 years; I have 99% of the time paid my bill, in full on time. I have made a lot of money for your company. That is over.
Problem # 1
My credit limit is at roughly $5000, you loaned me $5000, how many times do you think I have paid you $5000, for the privilege of that initial loan, and how many more times does Discover Card expect me to pay another, and another $5000 on that initial loan you made to me years ago. Other consumers may pay, and pay, but I am standing up and telling you, you made your money off of me and we are through. I have not even used my card for almost 2 years only made payments and their that debt is unmovable...and not even just the minimum payments, we're talkng 300 dollars here, 500 this month, 150 another month...and the debt stays the same...
Problem # 2 Closely tied into Problem #1
Discover Card has figured out a way based on consumers average payments, interest rate, credit limit et cetera to keep a consumer constantly and permanently in debt. We have all heard the statistics of how long it would take most consumers to logically and reasonably pay off their credit card debt. We have also heard of how many hard working, good, decent Americans are buried in your credit card debt. Enoughs, enough.
The real question is, do you settle with me, or do you allow me to begin my campaign to encourage all consumers to fight and push, and push and litigate, and default, until your company collapses.
Problem # 3
You have consumers agree to changes in contracts, not by signing or even reading (Witnessing) the change but simply by continuing to use their card. So you sell a consumer a Credit Card via an awesome 0%, no payments, incentives, cash back, sales pitch, then mail about thirty offers, junk mail, to the consumers house over the next year but one of those envelopes contains addendums to the original contract, like if you miss one payment not only will you be assessed a late fee (Double Jeopardy Punished twice for the same offense), but your interest rate doubles. How about a late fee or double someones interest, rate, or how about
hey I made my payment, for whatever reason it was a little late, people have logical reasons for being late in life, and so all is forgiven you still get your money and you are still getting 10-13 percent interest on your money, BUT thats not good enough for the fine people at Discover Card, NO, how about my money and 13 percent interest, and a late fee, nope thats not good enough either. Double the interest rate too.
No consumer in their right mind would or for that matter, it turns out, ever did agree to this clause. That clause isn't how Discover Card gets customers. You get em with a beautiful offer. Then send out an addendum to their contract. I would be willing to fight this in court on the grounds that, YES, FOR A CONTRACT TO BE VALID BOTH PARTIES HAVE TO READ, AGREE TO AND SIGN IT. For that matter I might just say that I am not sure I ever signed an agreement with Discover Card, and maybe many consumers didn't. I don't know if I signed my initial contract, it would be easy to find out, but I know I never signed any addendums, concerning raising my interest rate for late payments.
The question is, do I take legal action action against Discover or do I encourage thousands, no millions of consumers to take action, involving many lawyers, in a class action lawsuit against Discover on the validity of contracts, this is just one point among many that could dissolve your and other credit institutions in an instant if this goes to court.
Problem # 4 - And in Closing
I will not pay my Discover Card bill, not now, not ever. Like so many other hard working Americans. Discover card HAS constructed a system to keep consumers in debt. You and other credit lending institutions are unscrupulous. The time for change is NOW. You crossed the wrong guy in this consumer. I will negotiate with you now (Maybe) or within 7 days of you receipt of this letter, but then I pull no punches, and settle for no less than the bankruptcy and collapse of your company, via consumer education, spun into individuals fighting Discover card, turning into class action lawsuits all over the country concerning the validity of contracts and other unfair practices, and turning over accounts and bills concerning overcharges, re-adjustment of interest paid, refunds, refunds, refunds, collapse.
I hope to hear from Discover Card representative soon concerning this issue, if not.
One more thing...recently I made a payment on my card at Sears...Discover card called me a month latter and said I owed them a 2 payments, and a late fee, and they are going to raise (Double) my interest rate, because that's what they do if you miss one payment...well, this is because they didn't get the payment I made...computer error...people error, don't know yet, it's under investigation, just telling consumers this because all Discover Card holders who have ever been assesed a late fee, or had their interest rates increased, should immediately, don't delay, call or email Discover and demand an audit/investigation of your account, it could be they made a mistake, and didn't get your payment, have them turn over the books on your account, before you ever let them charge you a latge fee or raise your interest rate.
Thank You for reading...
If we all stand up to this we can beat it...Democracy?
Comments:
Posted by MaggieMcT on 2009-09-29:
You agreed to the account terms, and now you want out. Too bad. Don't borrow any more money if you're not going to pay it back.
Posted by googlemyyahoo on 2009-09-29:
I just had to comment because I love the title of your post. LMAO!
Posted by MSCANTBEWRONG on 2009-09-29:
So you used your "credit" card and were late on the payment so they doubled your interest rate correct? Sorry, read your contract...you agreed to it when you signed up for the card. Pay it off then cut it up...
Posted by KCRovert on 2009-09-29:
So, "Wrath of Tom", tell me what credit card you can get that will allow you to max out your available credit, then be late with payment(s) and not charger you late fees & increase your interest rate? I've had a Discover Card for many, many years and have never had a problem with the card or their customer service.
Oh, and a big "thumbs up" for wishing thousands of workers to lose their jobs because you can't control your spending or make owed payments on time....nicely done!!
Oh, and a big "thumbs up" for wishing thousands of workers to lose their jobs because you can't control your spending or make owed payments on time....nicely done!!
Posted by bcd on 2009-09-29:
RE: “… no more debts that last 20 years because they are specially formulated to keep you in debt …”
Pay more than the minimum and the debt will last for a much shorter time. If you can’t afford to pay more than the minimum, then get your spending under control. Don’t blame Discover for your actions.
Pay more than the minimum and the debt will last for a much shorter time. If you can’t afford to pay more than the minimum, then get your spending under control. Don’t blame Discover for your actions.
Posted by Critical_level2 on 2009-09-30:
Discover must want us all in debt. I transferred $5K (botched wedding) from BOA card at 19% to Discover for a 3.9% special for 2 years. It is almost fully paid off. I I love my discover card. For every six payments I make on time, they refund one months interest back to me. It may not be much, but in this economy, every little bit helps, especially when paying down a large credit card debt.
Wrath of Tom, You need to take some classes on how to manage your finances better.
Wrath of Tom, You need to take some classes on how to manage your finances better.
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