unfair practices

[toonsniped]

What is the name of your state (only U.S. law)? Nevada

I recently applied for a credit card that was offering 0% interest for 16 months with a balance transfer. I used the online form the company had available. It asked me to request the amount that I would like to transfer. When I requested the amount it said it would review my credit and establish my limit and the amount to be transfered. The amount that they transfered plus the transfer fee of 3% put my new account over the credit limit that they set for me. Now they are chargeing me the default interest plus over limit fees and finance fees. I contacted the credit card company in an attempt to have them straighten the matter out. All I wanted was for my account to not be overdrawn and being charged interest so that I would have this nice big cushion to get my debt straightened out. They said that the way that they did this was perfectly legel and that they were under no obligation to do anything to straighten it out. I want to know what legel options I have to dispute this. And any other options that may be available to me that I am overlooking.

[HomeGuru]

Originally Posted by toonsniped

What is the name of your state (only U.S. law)? Nevada

I recently applied for a credit card that was offering 0% interest for 16 months with a balance transfer. I used the online form the company had available. It asked me to request the amount that I would like to transfer. When I requested the amount it said it would review my credit and establish my limit and the amount to be transfered. The amount that they transfered plus the transfer fee of 3% put my new account over the credit limit that they set for me. Now they are chargeing me the default interest plus over limit fees and finance fees. I contacted the credit card company in an attempt to have them straighten the matter out. All I wanted was for my account to not be overdrawn and being charged interest so that I would have this nice big cushion to get my debt straightened out. They said that the way that they did this was perfectly legel and that they were under no obligation to do anything to straighten it out. I want to know what legel options I have to dispute this. And any other options that may be available to me that I am overlooking.

**A: yes here is one option. Pay off the balance and cancel the card.

[toonsniped]

I wish I could. But I don't currently have 16000 dollars available to pay it off.