sajetreh Posted July 17, 2008 Report Share Posted July 17, 2008 I'm new so plese forgive mistakes. I spent several hours searching for my answer with no relief. So I will submitt for an answer.We were late on a cc bill in May 08, due to a dispute my wife was having over a credit protection plan on our card. She was able to remove the credit protection and make a payment over the phone and they credited back the late charge and credit protection. Unfortantely they jumped us up to 29.4% immediatley. My wife didn't recieve the June bill and thought the pay by phone might have delayed it. We recently recieved the July bill and to our suprise we had close to a $800 payment. To make a long story short. We now seem to be in collections and I need to know what should I do next? By the way my wife did negotiate a payment with a post dated check by giving account information for the 31st of this month. (we are now cancelling the account thanks to this website.)The ca is called FJA card services. I can't find out anything about them. Are they for real?Can anyone help? Link to comment Share on other sites More sharing options...
Robert Nashville/Savannah Posted July 17, 2008 Report Share Posted July 17, 2008 I'm new so plese forgive mistakes. I spent several hours searching for my answer with no relief. So I will submitt for an answer.We were late on a cc bill in May 08, due to a dispute my wife was having over a credit protection plan on our card. She was able to remove the credit protection and make a payment over the phone and they credited back the late charge and credit protection. Unfortantely they jumped us up to 29.4% immediatley. My wife didn't recieve the June bill and thought the pay by phone might have delayed it. We recently recieved the July bill and to our suprise we had close to a $800 payment. To make a long story short. We now seem to be in collections and I need to know what should I do next? By the way my wife did negotiate a payment with a post dated check by giving account information for the 31st of this month. (we are now cancelling the account thanks to this website.)The ca is called FJA card services. I can't find out anything about them. Are they for real?Can anyone help?This doesn't quite make sense...as disgusting as they are, I've never heard of a CC company turning an account over to collections that was only a couple of months late.In any case; I suggest the best course of action is to pay this immediately (as quickly as you can), close the account as you apparently plan to do and get this CC our of your life. Link to comment Share on other sites More sharing options...
swirlgirl Posted July 17, 2008 Report Share Posted July 17, 2008 How does your story relate to a "Loss of promotional offer bofa" Are we missing something? Link to comment Share on other sites More sharing options...
Robert Nashville/Savannah Posted July 17, 2008 Report Share Posted July 17, 2008 I was assuming that they had some special, low rate but as soon as this issue cam up; they jacked up the rate. Link to comment Share on other sites More sharing options...
sajetreh Posted July 17, 2008 Author Report Share Posted July 17, 2008 Yes it was a promotional 0% interest rate changing to 9.9% in november. After reading further on this website, I'm not sure this is a ca yet. This still may be someone related to BofA.Does this help?Any suggestions? Link to comment Share on other sites More sharing options...
Robert Nashville/Savannah Posted July 17, 2008 Report Share Posted July 17, 2008 Yes it was a promotional 0% interest rate changing to 9.9% in november. After reading further on this website, I'm not sure this is a ca yet. This still may be someone related to BofA.Does this help?Any suggestions?I'm not sure what advice you want beyond what I've given...scummy behavior on the part of BoA aside, their actions were likely completely legal. If so, you owe the bill and it needs to be paid so that a fairly minor problem doesn't become a major problem.If you think what they did wasn't IAW your cardholder agreement then you may have a cause of action - you would need to review the details of the rules/stipulations you agreed to when the account was opened.Your only other option as I see it is to call BoA and ask for them to give you a break; they might! Link to comment Share on other sites More sharing options...
Bigwoodystyl Posted July 17, 2008 Report Share Posted July 17, 2008 It's FIA Card Services, NA... they are the credit servicing arm of BofA, formerly owned by MBNA.They offer some of the best credit cards on the markethttp://www.marketprosecure.com/fia-card-services.htmlVery similar to First USA/Chase...(the fact that you state you were searching for FJA card services probably impeded your search results)FWIW, I doubt there is much you can do. If you lose your promo rate for being late, then you lost your promo rate. If you decided not to pay your card for several months after that (you did say this happened in May), then your rate got jacked to a default rate...Best bet is to either pay it off (shouldn't be using a credit card if you can't pay it off anyway)Second best bet is to get a promo rate with another issuer. Link to comment Share on other sites More sharing options...
CDL Posted July 17, 2008 Report Share Posted July 17, 2008 Yes it was a promotional 0% interest rate changing to 9.9% in november. After reading further on this website, I'm not sure this is a ca yet. This still may be someone related to BofA.Does this help?Any suggestions?If you are still within 60 days of your initial billing dispute, you can use the Fair Credit Billing Act. Here's a link, see if any of this applies to your situation.http://www.ftc.gov/bcp/conline/pubs/credit/fcb.shtm Link to comment Share on other sites More sharing options...
Jackie2 Posted July 17, 2008 Report Share Posted July 17, 2008 This doesn't quite make sense...as disgusting as they are, I've never heard of a CC company turning an account over to collections that was only a couple of months late.In any case; I suggest the best course of action is to pay this immediately (as quickly as you can), close the account as you apparently plan to do and get this CC our of your life.Bank of America turned my hubby's account to collection at 60 days late. Good old Freddie Hanna...who wanted a post dated check in 12 hours and refused to send me a written agreement to settle and also tried to collect before the 30days to validate were up. They also suggested we use another card to to make the settlement with.BofA...did the same thing to my mother....who also missed 2 months payments due to her husband being out on medical. Link to comment Share on other sites More sharing options...
Robert Nashville/Savannah Posted July 18, 2008 Report Share Posted July 18, 2008 Bank of America turned my hubby's account to collection at 60 days late. Good old Freddie Hanna...who wanted a post dated check in 12 hours and refused to send me a written agreement to settle and also tried to collect before the 30days to validate were up. They also suggested we use another card to to make the settlement with.BofA...did the same thing to my mother....who also missed 2 months payments due to her husband being out on medical.Well, I've never had a BoA credit card but I did have several accounts there until I learned they were specifically seeking illegal immigrants to be their customers; requiring little or no identification and making loans they would never give to citizens...while they may have the technical "right" to do that as a company, I decided there weren't going to do it using any of my money...I moved my accounts and haven't regretted it.Apparently, they are a lot more scummy than I realized. Link to comment Share on other sites More sharing options...
Jackie2 Posted July 18, 2008 Report Share Posted July 18, 2008 Well, I've never had a BoA credit card but I did have several accounts there until I learned they were specifically seeking illegal immigrants to be their customers; requiring little or no identification and making loans they would never give to citizens...while they may have the technical "right" to do that as a company, I decided there weren't going to do it using any of my money...I moved my accounts and haven't regretted it.Apparently, they are a lot more scummy than I realized.WOW!:shock:That's an eye opener. Link to comment Share on other sites More sharing options...
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