#VICTORIA SECRETS COMENITY BANK PLUS#

BJ’s Perks Elite Mastercard Credit CardĬomenity Bank is mostly known for its retail credit cards, but it also provides cards affiliated with other types of businesses.Victoria’s Secret Mastercard Credit Card.Bed Bath & Beyond’s Welcome Rewards store Credit Card.Here are some of the better-known stores for which Comenity provides a retail credit card: With so many partnering stores, Comenity Bank offers a wide variety of retail credit cards, including online stores, clothing shops, furniture stores and more. If you aren’t a frequent shopper at a specific retailer, it probably doesn’t make sense to apply for a card from it. Retail cards are limited - usually offering perks only when you shop at a specific retailer - and often come with higher interest rates. Whether these retail cards are a good choice for you, though, depends on your spending habits. The bank offers branded cards from several retailers, many that let you earn ongoing rewards. Some credit card issuers specialize in retail credit cards, and Comenity Bank is one of the biggest. Instead, banks that partner with these retailers are the ones that provide and manage these types of cards. You should consult with a consumer protection attorney in your area experienced in the FDCPA.You probably thought of a card branded with the name of a big retailer such as Ikea, Big Lots or BJ’s, right? But retailers typically aren’t the ones issuing their cards, even if their names are on them.

Like many other consumer protection laws, the FDCPA is what is called “fee shifting” – meaning that the obligation to pay the consumers attorneys’ fees shifts to the debt collector.

#VICTORIA SECRETS COMENITY BANK PLUS#

If a debt collector is found to have violated the FDCPA, the consumer may recover up to $1,000.00 in statutory damages, plus actual damages (for example pain and suffering) and most importantly, your reasonable attorneys’ fees. The FDCPA includes a private right of action under which a consumer may sue a debt collector for FDCPA violations. Failing to honor the settlement, may be a violation of federal debt collection laws called the Fair Debt Collection Practices Act (FDCPA). There is a strong argument that Midland bought the debt subject to the settlement agreement. Under New York City debt collection rules, the debt collector must confirm any settlement agreement or payment plan in writing within five business days. Please help meĪ key here for you is whether the settlement agreement was in writing. Which is only dragging out the collections process and holding my money. However I made the agreement on April 20th so how come they didn’t show it was about to be sold off on the 27th ? Also they advised me the five payments of $50 Ive already made to Comenity Bank as per the agreement ,they will send out to the private collections agency sometime next month.

Comenity Bank claims the day I made agreement they sold my account and there’s nothing they can do. Then I received another notice that they received the $200 but I still owe the rest.

I received a letter in the mail that they sold it off on 04/27/20to a Midland Credit Management for $1,000.93. Ive made my five payments to them plus the initial payment of $200 to start the process.

So on April 2020 we came to a settlement amount of $650 and they said they would not send off to private agency nor reflect on credit. All I received was a regular paper bill in mail never any collection.Due to loss of job in Dec 2019 I was unable to pay. On April 20th 2020 I attempted to make a payment on account which was already past due 8 months they claim.

Victoria secrets comenity bank