Exorbitant interest and unfair fees

Most people do not  realize that credit card companies have set them up to fail.  Many  creditors want you to go over limit  or be late on a payment so that they can charge you over limit fees and late fees and increase your interest rate. That is how they make the most money.   That is why many companies will give you two $500  limit credit cards instead of one card with a $1000 limit.  The two cards gives them two chances to charge you over limit fees and two chances to assess late fees. These fees can rapidly turn $1500 worth of credit card purchases into a $5,000 + obligation accruing interest at 29.99% .

Despite  layoffs or health problems, many people have struggled and sacrificed to make their credit card payments but nevertheless have faced unfair and inexplicable  interest rate increases which prevented them from making their minimum payments.  Next comes the charge off on their credit report and their debt is sold to a series of nasty debt collectors.   The harassment of collection calls and letters can be almost  unbearable. All the brow beating and harassment is designed to make a person feel hopeless, and helpless and to give up and pay this unfair unsecured debt before more important payments, like taxes and critical  living expenses.

A  person may or may not find out that  a debt collector is proceeding with a lawsuit against him or her related to that old credit card.  They may feel paralyzed or trapped in the debt.

But there are many legitimate ways to fight a credit card lawsuit.  You do not have to  just give up.  Consumer protection attorney Aurora Dawn Harris has a heart for those who are economically oppressed.  She will aggressively fight for your consumer rights.

Use the contact form at this link to get in touch with Aurora Dawn Harris.

This entry was posted in Credit Card Debt Defense on by .

About Aurora Harris

Ms. Harris has both a litigation and appellate practice and is an active trainer and mentor for new consumer lawyers. She was admitted to the California State Bar in 1980, and has been representing consumers in actions against car dealers and finance companies since 1983. Ms. Harris is the President of the Christian Legal Aid Organization in Orange County. She was a former Co-Chair and Board Member of the National Association of Consumer Advocates (NACA), and is a partner of the National Consumer Law Center. She has represented NACA as an advisor before a committee of the National Conference of Commissioners on Uniform State Law (NCCUSL) that was drafting a proposed uniform state Consumer Leasing Law. She was also a principal drafter of a NACA amicus brief on dealer advertising.

One thought on “Exorbitant interest and unfair fees

  1. Robert

    This is a great article. I never could understand why credit card companies with which I already had an account would keep soliciting me to get another card. This makes so much sense. Thank you !

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