CHARLESTON — Attorney General Patrick Morrisey today warned consumers to keep an eye out for unusual credit card fees.
Based upon past history, consumers may be caught off guard by additional fees for late payments, non-sufficient funds and cash advances, as well as exceeding charge limits, accessing account information and automatic withdrawals for subscriptions or services that are no longer used.
“Many people own and use credit/debit cards,” Attorney General Morrisey said. “They’re easy to acquire and with one swipe you can purchase a product without upfront payment, which makes it all the more important to regularly check your statements to make sure no unusual fees appear.”
Helpful tips for monitoring credit card usage and fees include: •Learn the cancellation process before signing up for any service.
•Organizations, at times, use third parties to handle their payments so note their contact details too.
•Regularly review ongoing services you receive and know what you are paying for.
•Scrutinize your monthly credit card or bank statements and reconcile them against services you use. If you find you are paying too much, ask for a review.
•Attempt to cancel anything you pay for, but no longer use.
If you have a complaint about unusual credit card fees, contact the Attorney General’s Consumer Protection Office at 1-800-368-8808.