Credit card or prepaid card -- Fees or interest -- Complaint #7243690

Complaint Overview

Complaint ID: 7243690

Company: Bread Financial Holdings, INC.

Product: Credit card or prepaid card

Sub-Product: Store credit card

Issue: Fees or interest

Sub-Issue: Problem with fees

State: Iowa

ZIP Code: 50263

Date Received: 2023-07-12T12:00:00-05:00

Date Sent to Company: 2023-07-12T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Comenity Bank did not make it clear that I was in a promotional plan. They put the blame on the store where I got the card saying they should have told me. I still never knew. I had autopay enabled and thought it was doing the correct payments and then get charged a deferred interest payment without any notice afterwards. The only notice I got was on 3 statements in small font. They never reached out or warned me of this predatory lending. I had to pay this because I was being charged more interest on it. I paid everything off and closed the account and get some other late interest fee a week later from them. I called when I closed my account and asked if there was anything else needed and they said no yet still charged me. They consistently are hiding things from me and I never know what I owe.

Frequently Asked Questions

What is Complaint #7243690 about?

Complaint #7243690 was filed against Bread Financial Holdings, INC. regarding Credit card or prepaid card specifically about Fees or interest. It was received by the CFPB on 2023-07-12T12:00:00-05:00.

How did Bread Financial Holdings, INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Credit card or prepaid card) and describe your issue in detail.

Can I see other complaints against Bread Financial Holdings, INC.?

Yes, visit the Bread Financial Holdings, INC. company profile at readthecomplaint.com/company/bread-financial-holdings-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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