why does comenity bank keep calling me: In todays digital world scenario many of people are running through the credit cards which can utilize their cards for their basic needs in order to run their lives smoothly. Here we are going to discuss more detailed information regarding why does comenity bank keep calling me ?
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why does comenity bank keep calling me ?
Understanding of comenity bank:
Comenity bank is a major credit card company which was located in United states of America ( California). This Comenity bank company Offers credit cards services to around 90 plus stores throughout the America which was standed as a large branded store for credit cards issuing Company .
The main advantage of this Comenity bank is that most of the people who are unable to get credit card for their Low score which they required minimum average score in order to get the credit cards . Comenity offers the credit for the people who doesn’t meet the average credit score as well. This is the main reason many of the people are falling for the comenity bank cards , in among them many of them people are of the people of credit cards.Here are the official Details of the comenity bank https://comenity.com/ and this company located in the colombus.
Who is this Comenity bank:
Comenity bank is the bank behind many major retail store credit cards . If any person took credit card from any retail store around the places of Usa , but the unknown fact is that retail store does not own the credit card , but the cards which were issued by the retail stores are owned by the Comenity bank .
If there are customer services like customer transactions or customer support these retail store doesn’t care about the customers, but the Comenity bank cares a lot for the customer service and their transaction issues.That’s why your are a customer of the comenity bank not for the retail store .
Types of Comenity bank Credit cards:
There are several types of Comenity bak credit cards . Comenity bank manage 125 credit card programmes and they have 33 million customers in their banks .They formely did business as a World Finacial Network. Here is the list of some of the details of credit cards;
1.Ikea Credit Card
2.Bed Bath and Beyond
5. Game stop
8. J. Crew
The above are the list of credit cards where many of the people are taking up these cards across United States of America from the retail store but the most interesting fact here is that they are not the customers of retail store from where they bought but they are the one and only customers of the Comenity Bank the largest retail store Ambassador Company for issuing credit cards all over the Ameerica. If any person who are having the above cards keep it in mind that you are the customer’s of the Comenity bank.
Comenity bank or the Comenity Capital Bank they are essentially the same thing but they are both divisions of the company called Alliance data which is a publically traded company that has the bank that issues credit cards but it has also the other divisions as well. Comenity bank is not a Fly -by – night Operation obviously they are working with large retailers and the retailers are probably the most parts of the united states of America.
So, It’s a pleasant and thoughtful idea to take up the credit cards but how to repay them is a thing everyone should manage and understand finally balance their payment modes of style.
Comenity bank High Interest rates:
If you have credit cards that are issued by comenity bank that means that they are in almost all cases is going to be cards from retail stores . Unfortuantely , the retail store cards are extremely having the high interest rates compared to the sort of like regular Bank master card Visa so that means if you have those cards and your are making purchases with those cards obviously every month you have to clear those debts by paying higher interest rates by more than 20 % and sometimes the interest rates may also lead to 25 % if your unable to pay off the credit card bill in the required time.
So the higher interest to the customers of the comenity bank credit cards holders must be very careful while paying off the credit card bill on priority in order to avoid the higher interest rates from the Comenity bank.
Comenity Bank Harrasement why does comenity bank keep calling me:
Any of the comenity bank credit card holders are harassing by the Comenity bank by calling your cell phone, calling your friends and family harassing you with the robotic calls . These comenity bank clients are very much strict in making the clients to pay off their debts with in a time.
If they are unable to pay in a required time then these Comenity bank clients will strictly make the clients to pay of the detbts which was done by the credit card holders of the comenity bank. On top of that when the credit card holder of the comenity bank are unable to pay the amount with in the required time then these card holders are aloowed to pay the higher interest rates which was poured by the comenity bank.
What a Comenity bank Debt Collector cannot do :
One of the most important thing that debt collector having is that they are only allowed to the restricted contact as per law.They are allowed to call only at 8AM to 9.00 PM .and they are not allowed you call you at work.Debt Collector cannot lie, or harass the credit card holders or generally be toxic .
Debt Collectors cannot do threaten the card holder with arrest or jail time, property liens or wage garnishment. They do not have the right to do so. But what the debt collectors will do is that they will take you to court first. Other than that they don’t have any rights on the credit cards holders to harass.If they they do so any card holder person can report to the Consumer financial protection Bureau with in no time. Additionally , a credit card holder can stop the debt collectors under the fair debt collection practices Act.
Conclusion why does comenity bank keep calling me :
If any credit card holder from the retail store which was surrounded in the united states of America, every person need to understand that the card owner are from the Comenity bank. Another thing need to keep it in mind that if you have taken the credit card from the comenity bank then we should pay the debts in time in order to avoid the higher interest rates.