Ace american insurance company
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Stores are violating their contract with the credit card companies if they set minimum or maximum charges, or force you to show ID in addition to your credit card (with the obvious exception being for age-limited purchases). Depending on your state and your card issuer, surcharges or "convenience fees" may be banned as well. The best way to straighten these guys out is to report them to the credit card company.
Richard writes:I am an MD-PhD, working at a medical center in New York. In 2006 I came here form Wisconsin, and at that point I called American Express (had a credit card with them for about 7-8 years before), explained my move, and the new academic position I was taking on, and asked them if they can help me in the transition period while moving. The rep told me that since my account is in excellent standing, I can go for 2 to 3 months without incurring late fees or penalties, IF I can prove that I am moving to another state and taking on a new job, to which I said, of course, there will be plenty of documents such as rental agreement, job offer, etc., to prove that. I was at the same time told, that "American Express helps its card holders in times of need and transition".
About 2-3 months later I wasn't able to make a payment on-line, then found out that my on-line access was inactivated and the account closed and forwarded to collection agencies.
Bad news/Good news. One, we don't have any AmEx addresses. Two, even if they did, they wouldn't help you. The debt is now the property of the collection agencies and AmEx has nothing to do with it.
The good news is that I've heard that if a debt collector fails to provide a validation of the debt, it's a violation of the FDCPA to sell it another collection agency. You might be able to hold each of those successive agencies liable for statutory damages of $1,000, plus the costs of your lawyer.Hi, Ben,
Many thanks for your reply. This is good news, in fact I was wondering whether it is legal to refuse validation then just send the debt to the next collection agency. Theoretically, this would mean (since there are hundreds/thousands of them), that I would need a full time job just to wait for these letters from the next collection agency, then promptly send validation requests, and not to have extended vacations just in case I miss one of t