SOURCE: CreditCard.org

December 20, 2006 08:25 ET

CreditCard.org's Lemon Awards for Bad Banking

The Worst of the Worst Get the Lemon Award for Bad Banking

CHICAGO, IL -- (MARKET WIRE) -- December 20, 2006 --Ashley Clayton has a black hole in her bank account. Others have it too. This fraud is called 'CIC credit report' and appear on credit card statements. "They charge me $9.95 and don't give me any information about how to cancel this," complained Ashley.

The Claycomo, Missouri resident is not alone as countless charges pour into the FTC about FreeCreditReport dot com. CreditCard.org is citing the worst offenders with the "Lemon Award for Bad Banking."

(1) First Time Offenders Get Maximum Sentence at WaMu

(2) 0 to 29.99 in 2 hours at Bank of America

(3) Best Buy gets CreditCard.org Bad Banking Lemon Award

(4) Reverse Mortgages get Bad Banking Lemon Award

(5) Membership Penalizes -- Facebook Visa 23.24% APR by Chase

(6) FTC for Allowing "Annual Credit Report" to Sell Credit Scores

(7) Discover Credit Card on Campus

(8) FreeCreditReport.com for Not Being Free Experian

(9) Sun Trust Skip-a-Payment Makes Balance Swell

(10) $93 Fee For Tiny Debit Overdraft at Regions Bank

(11) Multiple low credit line accounts, Same Capital One Bank

(12) VistaPrint.com for Un-Authorized Charges

Full text is at http://www.creditcard.org/lemon-award-bad-banking/Credit-Card-org-Lemon-Award-2006.htm

About CreditCard.org

CreditCard.org is a site that helps people to drill down on credit issues by archiving answers to every problem submitted. Common problems can be searched and credit pitfalls can be sidestepped. Asking CreditCard.org will always be FREE. Contact them at problems@CreditCard.org.

It collects nominations for Lemon Award for Bad Banking from consumers all year long. Send them to nominate@CreditCard.org.

CreditCard.org's Top Blogs can be found at http://www.creditcard.org/top-100-blogs.htm

CreditCard.org -- 2021 Midwest Road, Suite 200, Oak Brook IL 60521 http://www.CreditCard.org

Contact Information

  • Contacts:
    Elaine Abereen
    Media Relations
    CreditCard.org
    650-651-1580
    Email Contact

    Annie Chang
    Director of Education
    CreditCard.org
    650-651-1525
    Email Contact