Credit card -- Fees or interest -- Complaint #9385800

Complaint Overview

Complaint ID: 9385800

Company: Bread Financial Holdings, INC.

Product: Credit card

Sub-Product: Store credit card

Issue: Fees or interest

Sub-Issue: Charged too much interest

State: Pennsylvania

ZIP Code: 19061

Date Received: 2024-06-29T12:00:00-05:00

Date Sent to Company: 2024-07-01T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

XXXXXXXX XXXX XXXX XXXX ( Comenity Capital Bank ) I received my credit card statement due on XX/XX/2024, with a balance of {$500.00}. I paid it in full ( {$500.00} ) and they received the payment on XX/XX/2024. I made no other purchases. I get another bill now in XXXX due XX/XX/2024, charging me interest of {$8.00}. I called them on the phone on XX/XX/2024 ( XXXX ) at XXXXXXXX XXXX. the woman told me that was interest on the {$500.00}. I explained that was not on my statement and they should not have charged me. I ask her how this is legal. She said I should have called someone if I was paying the total amount so I could get a pay off amount. I have never had to deal with something like this before. I feel they were hoping I thought my card was paid off so now they could get a late charge of {$41.00} also. I went to the XXXXXXXX XXXX XXXX XXXX at the XXXX XXXX on XX/XX/2024. I went to customer service, and they said they do not deal with any credit card problems. So I paid the {$8.00} in cash and got my receipt. I just wanted tom make sure they got this payment before they m could charge me a late charge. I will not longer use my XXXX XXXX XXXX XXXX

Frequently Asked Questions

What is Complaint #9385800 about?

Complaint #9385800 was filed against Bread Financial Holdings, INC. regarding Credit card specifically about Fees or interest. It was received by the CFPB on 2024-06-29T12:00:00-05:00.

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) 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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