There are even instances when a customer's statement has clearly shown a payment was received on time, but the consumer was slapped with a late fee anyway. When consumers call to complain, they get the runaround. Card issuers count on customers to give-up and forget about extra charges. But consumers are fighting back. California attorney Phillip Schuman filed a class action suit on behalf of one million customers of Providian Financial, the nation's ninth largest credit card issuer, which announced recently it would refund 20 million dollars in late fees to 700,000 customers.
Consumer advocates say two other big credit card issuers are guilty of bilking their customers, too.
Steven Harris is a Florida card holder who reads every inch of his. I contest every late charge these bandits place on my accounts, and I have been successful in having them removed. Experts' Tips For Combating Credit Card Horror 1. Read the small type and understand every word of the credit card agreement before you respond to a solicitation 2. Save your statements 4.