I applied for a credit card over the phone when placing a catalog order. I was approved, BUT, when I received my first statement/card, there was a $25.00 "Discount Club Fee" on it. Aftere reviewing the terms and conditions, which carried a VERY high interest rate, and this "Fee", I did not want to keep the card. I cut it in half and returned the statement and the card and asked to cancel. They sent me a letter confirming my cancellation, but continue to send me statements with this "Fee", + interest and now + late fees. Am I responsible for this "Fee", even though I rejected the card and it's terms???
don't apply for that junk, they are not real credit cards. Read the terms of the agreement which you agreed to confirm whether or not you have a reasonable "out" of the fee.
