Consumer complaint received 2024-01-08
Company: U.S. BANCORP
State: OR
Product: Credit card
Sub-product: General-purpose credit card or charge card
Issue: Problem when making payments
Sub-issue: Problem during payment process

Complaint:
I will upload this as a XXXX  in case the formatting gets lost : 1. US Bank has yet to answer the question Where did my line of credit come from? Yet they continue requesting I send them Federal Reserve Notes, as though they have actually loaned me anything. 


2. They repeatedly keep my tender of payment while claiming they can not accept my tender of payment.

3. They repeatedly refer me to the Cardmember Agreement, which has been established as fraudulent, as it is based on the fraudulent premise they have provided me with anything of consideration. Fraud vitiates everything, from inception.

4. I have repeatedly returned their fraudulent Cardmember Agreement, along with other letters requesting Federal Reserve Notes ( which they have yet to prove owe ), instructing them to stop mail fraud. However, they continue sending me said fraudulent documents through the mail, while knowing theyre engaging in mail fraud.

5. UCC 3-603. TENDER OF PAYMENT states If tender of payment is refused, there is discharge, to the extent of the amount of the tender Thus, US Bank is in violation of approximately {$10000.00} worth of discharge owed to my account.

6. The refusal of tender of payment, a Bill of Exchange, constitutes Dishonor, giving rise to my right to seek remedy for Breach of Contract.

7. I have explicitly forbidden them from sharing any negative and identifying information with any 3rd party, such as the credit agencies, and yet US Bank continues sharing my personal information having a negative impact on the credit reports. This constitutes identity theft and violation of my privacy.

8. In addition to their violation of identity theft and privacy laws, US Bank is also sharing FALSE information, as I have never missed a tender of payment and have not used my credit card in a few months- yet they repeatedly report late/past due payments as well as a high balance and high credit utilization.

9. I did not authorize US Bank to close my account. On the contrary, I forbade them from doing so in numerous correspondences. Due to US Banks failure to perform on my tender of payment, I have not had access to my line of credit in months ; and now they have categorically restricted all access to my account.

There are more violations ; however, for the sake of brevity, I will not list them in this particular section in this particular complaint.

For the Record : I hereby opt out of any Arbitration Clause I may have unknowingly - or even knowingly- opted into. I do not wish to resolve disputes with US Bank through Arbitration.

Again, I reject the arbitration clause in the US Bank Cardmember Agreement and any other contracts/agreements that I may have previously agreed to. This opt-out remains in effect even if US Bank can demonstrate their Cardmember Agreement to be valid.

Thank You for noting my account.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with non-monetary relief