BREAD FINANCIAL HOLDINGS, INC.


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"Products" offered by BREAD FINANCIAL HOLDINGS, INC. with at least one, but usually more complaints:

Bank account or service - Checking account
Bank account or service - Other bank product/service
Checking or savings account -
Checking or savings account - CD (Certificate of Deposit)
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Consumer Loan - Installment loan
Consumer Loan - Personal line of credit
Credit card -
Credit card - General-purpose credit card or charge card
Credit card - Store credit card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit card or prepaid card - Gift card
Credit card or prepaid card - Payroll card
Credit card or prepaid card - Store credit card
Credit card or prepaid card - Student prepaid card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Medical
Debt collection - Medical debt
Debt collection - Mortgage
Debt collection - Mortgage debt
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan debt
Debt collection - Private student loan debt
Debt collection - Telecommunications debt
Debt or credit management - Credit repair services
Debt or credit management - Debt settlement
Money transfer, virtual currency, or money service - Check cashing service
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Virtual currency
Money transfers - Domestic (US) money transfer
Mortgage - Conventional home mortgage
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other type of mortgage
Other financial service - Credit repair
Payday loan -
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Payday loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, or personal loan - Title loan
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Personal line of credit
Prepaid card - Mobile wallet
Prepaid card - Other special purpose card
Student loan - Federal student loan servicing
Student loan - Private student loan
Vehicle loan or lease - Loan

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Complaint ID: 7298641

Date Received: 2023-07-24

Issue: Advertising and marketing, including promotional offers

Subissue: Confusing or misleading advertising about the credit card

Consumer Complaint: I received an email on XXXX indicating my credit card through Comenity Bank would be closed on XXXX. The email indicated I could use the card anytime before XXXX and a single purchase would keep the account open. On XXXX I received a message in the credit card portal indicating my account had been closed, three days before it was to be. I attempted to contact customer service, and I got to a supervisor named XXXX. She indicated that my account was coded requiring me to consent to a credit check to keep my account open. She stated that the account had been suspended, so even if I tried to use the card before XXXX as indicated in their email communication I would not have been able to. If I attempted to use the credit card it would not have been accepted and I would have been advised to call Comenity Bank at which point they would have told me I had to consent to a credit check. No communication from Comenity Bank indicated I had to consent to a credit check for an open account in good standing. Their communications with me, via customer service, was that I should have had until XXXX to use the credit card. Their response is I should have called when I received the email on XXXX so they could have told me that I needed to consent to a credit check.

Company Response:

State: PA

Zip: 19460

Submitted Via: Web

Date Sent: 2023-07-24

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7298592

Date Received: 2023-07-24

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: This is a complaint about Bread Financial, XXXX XXXX XXXX XXXXXXXX OH XXXX I am getting harassing emails and phone calls from Bread about a consumer debt that does not exist. I have the emails. Bread recorded its abusive calls. Everything below is documented. Bread has : repeatedly : refused to contact the merchant to verify a nonexistent debt ( saying thats my job ), said I have to prove I didnt take out the disputed loan ( logically impossible ), continued to contact me repeatedly after I asked them to stop, threatened to lower my credit score, and attempted unsuccessfully to withdraw money from my bank account. Multiple people at Bread have done this. I doubt I am the only consumer Bread is abusing. Bread is shockingly ignorant of its legal obligations. I purchased XXXX XXXX from XXXX on XX/XX/XXXX for {$2400.00}. I signed a single loan agreement for a single purchase. However XXXX tells me Bread mistakenly recorded 2 loans, on XX/XX/XXXX and again XX/XX/XXXX. XXXX has told Bread of its mistake. When Bread sent double payment requests, I said I have only one loan. Please fix this, Bread responded There are two orders, please follow up with the merchant.. .we are unable to make any adjustments to cancel or refund your order. I was asking Bread correct its records, not to cancel or refund an order because the " order '' is never existed. I responded that I had one order and one loan and Bread could not possibly have evidence of a second transaction. I requested that Bread acknowledge my dispute, investigate and tell me the results. I also asked for a copy of the claimed second loan agreement because I know there isn't one. Bread refused, saying that we are unable to resolve your request. Please reach out to the merchant where you made your purchase directly. That evening XXXX from Bread called me on a recorded line. She was nasty and abusive, and told me that Bread would not investigate my claim that there was only XXXX transaction unless I could give evidence of this. She refused to investigate, and said I was going to have to straighten things out and cancel the second ( nonexistent ) order. I then received a call from XXXX, a Bread supervisor. Also nasty and abusive, she said Bread was " unable '' to contact XXXX and that I had to and send proof from XXXX. She threatened to lower my credit score if I did not. Both XXXX and XXXX told me on a recorded line that it is my obligation to disprove the existence of the nonexistent XX/XX/XXXX loan. I asked them if they could prove that they didn't owe me a million dollars, and neither had a response. Disproving a nonexistent transaction is impossible. XXXX XXXX at XXXX contacted Bread and emailed me me, I just got confirmation, so we can proceed with getting all of this corrected. Even though the application I sent to you had the one device totaling {$2400.00}, it appears that was somehow transacted twice in Bread 's system. They are working on getting the second charge cancelled. And whenever you want to switch payment options, we can get that set up, so we can get the other financing charge cancelled as well. Given the trouble I was having with Bread, on XX/XX/XXXX I paid XXXX directly for my purchase, and XXXX paid off the the loan. Bread is now trying to withdraw money out of my bank account! This was confirmed by my bank ( XXXX ) and Bread. I did not authorize this and have managed to block their attempt, so far. Bread has resumed emailing me, now claiming that XXXX paid off a loan, but I still owe {$2400.00} on the nonexistent second loan loan. Breads practices are persistently illegal and abusive. I doubt I am the only person with a Bread problem.

Company Response:

State: NY

Zip: 105XX

Submitted Via: Web

Date Sent: 2023-08-08

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7298539

Date Received: 2023-07-24

Issue: Problem with a credit reporting company's investigation into an existing problem

Subissue: Their investigation did not fix an error on your report

Consumer Complaint: The presence of a derogatory rating on my account is causing me great concern. I am deeply worried about the impact it may have on my credit. It has already led to the denial of a recent loan application and an increase in the interest rates on my existing credit accounts. I want to emphasize the severe financial and emotional distress that this negative rating has caused me and will continue to cause until it is resolved.

Company Response:

State: FL

Zip: 33612

Submitted Via: Web

Date Sent: 2023-07-24

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7298293

Date Received: 2023-07-24

Issue: Fees or interest

Subissue: Charged too much interest

Consumer Complaint: In XX/XX/2023 I went to XXXX XXXX at XXXX XXXX. They offered an store credit card and filled out an form. I bought {$50.00} in items. I never received an physical card. On XXXX, I received the payment statement per {$30.00}. I went to XXXX and I tried to pay that amount, but I couldn't make a payment because XXXX just receive cash, they don't accept debit o credit card. I just had {$25.00} in cash and payed off. Later in XXXX I paid {$25.00}, so I paid in full my own. In XX/XX/2023 I received an statement from XXXX in which I have to pay {$37.00} late fees, because I paid {$25.00} but not {$30.00}. Later, I received an statement per {$71.00}. I canceled this store credit card I called XXXX customer service, but they said me, they can't help me because I canceled that store credit card. However, I have to pay the total of {$71.00}, or the next balance will be charged and growing.

Company Response:

State: FL

Zip: 32817

Submitted Via: Web

Date Sent: 2023-08-31

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7297858

Date Received: 2023-07-24

Issue: Problem when making payments

Subissue: Problem during payment process

Consumer Complaint: On XX/XX/2023, I made an online purchase of {$25.00} with XXXX XXXX. On XX/XX/2023, an automatic payment of {$25.00} was made to bring the account to {$0.00}. I received a letter from Comenity that my automatic payment was returned and that I had a balance of {$25.00}. My financial institution informed me that Comenity bank had my payment returned back to them. Per my financial institution, I also had sufficient funds in my checking account to cover that payment. ( Please see letter from my financial institution ). Besides reversing the {$25.00} payment, Comenity charged me another {$25.00} late fee on XX/XX/2023 as well as a minimum finance charge in the amount of {$1.00} as well as another {$0.00} for finance charges. Then on XX/XX/2023, Comenity charged another {$25.00} returned check fee along with {$0.00} financial charges. Then a payment of {$25.00} was applied to my account on XX/XX/2023. Another payment of {$25.00} was applied on XX/XX/2023. At that time, I should have had a positive balance on the account. However, on XX/XX/2023, Comenity did a payment adjustment in the amount of {$25.00} when I called and spoke to a supervisor to dispute their error. On XX/XX/2023, finance charges in the amount of {$4.00} was refunded. My balance should have been XXXX. Then, on XX/XX/2023, Comenity charged me a late fee of {$29.00}, on a balance. I was under the impression that everything was taken care of. On XX/XX/2023, Comenity charged me minimum interest charges {$2.00}. Then, on XX/XX/2023, I finally received a letter from Comenity that they were unable to resolve the dispute. They asked me to provide a letter from my bank indicating that they did not return the payment ( a copy of which is attached ). Now I logged into my account and found that the balance on my account is {$58.00}. I immediately called Comenity and asked to speak with a supervisor. No supervisor was available. I should have NO balance on this account.

Company Response:

State: IL

Zip: 61350

Submitted Via: Web

Date Sent: 2023-07-24

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7297823

Date Received: 2023-07-24

Issue: Fees or interest

Subissue: Charged too much interest

Consumer Complaint: I purchased jewelry from XXXX 's XXXX in XX/XX/XXXX. The total amount I purchased was {$8000.00}. My promo plan was for 18 month no interest. I have always paid my bill on time and never missed a payment. XXXX of XXXX my promo plan had expired. I had just made a payment in XXXX of {$250.00} not realizing that promo plan was expiring. At that time my balance {$1200.00}. My balance on the account was {$1000.00} after my payment. Two days later I received notification that there was a large amount charged to my account. I contacted Comenity Bank and was told that I had been charged {$3000.00} of interest for not paying account in full I was charged interest in for the whole purchase of {$8000.00}. I explained to them that I was totally unware that the promo plan was ending. I just log on to the account and submit payment. I was told that if I looked at the bottom of the statement it would have told me. I asked if the could work with me to reduce some of the interest and they said no. I told them I would think about closing my account because they were not willing to work with me. A couple days letter I received a letter that they closed my account. I have made payment for XXXX. In XXXX I decided to pay off the account my balance was {$3900.00}. I payed two payments in XXXX ( XXXX ) {$250.00} ( XXXX ) $ XXXX which would have given me a - {$75.00}. I called in and spoke with a Rep and she said we would have a supervisor call you back to issue you a refund. A couple days letter I got a statement in the mail stating that I had a balance of {$15.00}. They had charged me {$90.00} in interest again. My account had a credit how could I be charged with interest again. I contacted Comenity several times and spoke with several reps and I was told that I owed that balance and there was nothing they could do.

Company Response:

State: GA

Zip: 30253

Submitted Via: Web

Date Sent: 2023-07-24

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7297162

Date Received: 2023-07-24

Issue: Problem with a credit reporting company's investigation into an existing problem

Subissue: Was not notified of investigation status or results

Consumer Complaint: I have sent several request to XXXX to correct this credit error but have not received any response. This is affecting my credit and I am not able to purchase my home. This needs to be removed immediately

Company Response:

State: FL

Zip: 349XX

Submitted Via: Web

Date Sent: 2023-07-24

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7297114

Date Received: 2023-07-24

Issue: Improper use of your report

Subissue: Reporting company used your report improperly

Consumer Complaint: Comenity Bank/ VCTRSSEC XXXX XXXX XXXX XXXX XXXX Ohio XXXX Company states I made a late payment in XX/XX/2022. Personally this card was opened to purchase product for my spouse. We havent made any purchases. I have card in my possession and I have NOT lended card out. There was no balance at the time. This late payment should be removed because it is inaccurate. I have personally disputed claim multiple occasions on credit karma. In accordance with the Fair Credit Reporting Act, Comenity Bank / XXXX has violated my rights. 15 USC 166B : A creditor may not treat a payment on a credit card account under an open end consumer credit plan as late for any purpose.

Company Response:

State: GA

Zip: 30016

Submitted Via: Web

Date Sent: 2023-07-24

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7296878

Date Received: 2023-07-24

Issue: Communication tactics

Subissue: Frequent or repeated calls

Consumer Complaint: Calling repeatedly and frequently, not waiting XXXX minutes between call attempts. Calling frequently from multiple numbers.

Company Response:

State: TX

Zip: 76132

Submitted Via: Web

Date Sent: 2023-07-24

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7296873

Date Received: 2023-07-24

Issue: Communication tactics

Subissue: Frequent or repeated calls

Consumer Complaint: My ex-wife still has the {$6000.00} diamond ring that I bought her on my ZALES credit care/Comenity Bank XXXX She says she doesn't have it anymore, but I can prove otherwise from recent photos of her wearing it. I've asked her several times to sell so I can pay back ZALES or Comenity Bank, however she refuses to do so. I have received calls and letters from Comenity Bank about paying back this debt. This is just a fraction of the {$200000.00} debt that my ex-wife put me in.

Company Response:

State: OR

Zip: 97030

Submitted Via: Web

Date Sent: 2023-07-24

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.