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    truckerguy1's Avatar
    truckerguy1 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 6, 2013, 06:57 AM
    Credit card laws in ga
    Just received a credit card from credit one haven't used it. Haven't even actitated card. And yesterday I got a bill for $94.00 for fees. Do I have to pay this bill.
    ScottGem's Avatar
    ScottGem Posts: 64,970, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Dec 6, 2013, 08:19 AM
    Why not contact them and ask why you got a bill for a card you never used. This could be a case of identity theft and you need to nip it in the bud.
    ma0641's Avatar
    ma0641 Posts: 15,681, Reputation: 1012
    Uber Member
     
    #3

    Dec 6, 2013, 12:54 PM
    Fees are different than purchases. What are the "fees "?
    odinn7's Avatar
    odinn7 Posts: 7,691, Reputation: 1547
    Entomology Expert
     
    #4

    Dec 6, 2013, 02:25 PM
    Credit One is a legalized scam card. I get offers for them in the mail all the time. I shred them.

    I am assuming that you actually applied for it through one of their mailings, am I right? So your concern is what are they charging you for if you haven't used it...right?

    Read the fine print...the disclosure information that you should have read before you accepted the card....

    They not only nail you with high interest and low available credit amounts but they also charge you a yearly fee that's usually upwards of $75 along with a "user participation fee", or something along those lines.


    EDIT-

    https://prequal.creditonebank.com/te...opup/WQL4.aspx

    Set-up and Maintenance Fees-

    Annual Membership Fee:
    $75 First year (Introductory period). $99 thereafter, billed monthly at $8.25

    Authorized User Participation Fee:
    $19 annually (if applicable).

    NOTICE: The Annual Membership Fee will be billed to your Account when it is opened and will reduce the amount of your initial available credit. If your Account is established with a credit line of $300, your initial available credit will be $225.



    You need to read...read...read and be careful before accepting terms to credit.
    ScottGem's Avatar
    ScottGem Posts: 64,970, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #5

    Dec 6, 2013, 02:51 PM
    Odinn, good catch Looks like what the OP let himself in for.
    odinn7's Avatar
    odinn7 Posts: 7,691, Reputation: 1547
    Entomology Expert
     
    #6

    Dec 7, 2013, 08:47 AM
    Like I said, I get these all the time. It should be illegal really because their symbol and the way they write their name closely matches Capital One.

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