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: 6063377

Date Received: 2022-10-07

Issue: Trouble using your card

Subissue: Can't use card to make purchases

Consumer Complaint: I made a payment of XXXX on XX/XX/2022 which was the full balance of my express credit card. Today is XX/XX/2022 and I went to use my credit card for a purchase and it was declined due even though I had just used it for {$25.00} for an online order in store. It would not allow me to make the remaining {$260.00} purchase even though my account reflects an available balance of {$270.00}. I called the credit card company ( comenity bank/bread financial ) and they said that the account was suspended. I asked how I used it for the {$25.00} and they couldnt give me an answer. Theyre holding my money hostage, I was not notified at the time of payment that it wasnt going to be available immediately, furthermore this has never happened before so why now?

Company Response:

State: WV

Zip: 26508

Submitted Via: Web

Date Sent: 2022-10-07

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6063376

Date Received: 2022-10-07

Issue: Improper use of your report

Subissue: Reporting company used your report improperly

Consumer Complaint: In accordance with the fair credit reporting act this creditor has violated my right under 15 USC 1681 section 6o2 a, States I have the right to privacy 15 USC 1681 section 604 a section 2 it also states a consumer reporting agency can not furnish an account without my written instructions under 15 USCS 1666B 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: OH

Zip: 440XX

Submitted Via: Web

Date Sent: 2022-10-07

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6062366

Date Received: 2022-10-07

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: In Accordance with Fair Credit Reporting Act Comenity Bank has violated my rights for the below accounts 1. ) Comenity Bank/LNBRYANT Account number XXXX Date opened XX/XX/XXXX XXXX. ) Comenity Bank/NY & CO Account number XXXX Date opened XX/XX/XXXX XXXX. ) Comenity Bank/VICTORIA Account number XXXX Date opened XX/XX/XXXX 15 U.S.C 1681 Section 602 A. States I have the rights to privacy. 15 U.S.C 1681 Section 604 A. It also states a consumer reporting agency can not furnish a account without my written instructions.

Company Response:

State: CA

Zip: 95348

Submitted Via: Web

Date Sent: 2022-10-07

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6061839

Date Received: 2022-10-08

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: Comenity Bank ( now Bread Financial ) supposedly had issues with their system upgrade starting back around XXXX or XXXX of XXXX When I tried to log on and pay my bill in XXXX I discovered the issues, which the company readily admitted through social media posts and comments to customer complaints listed there. I was finally able to log on and made a minimum payment. My account has always been in good standing. However, in XXXX this company hard-pulled my credit WITHOUT MY PERMISSION and NOT PER MY REQUEST. I decided at that time I might be in danger of identity theft and placed a credit freeze through XXXX, paid off the entire Comenity Balance and closed that account. Though the company did send a physical letter to my home address stating the account was closed and they would report to the credit bureaus, they have not done so now close to three months later. Not only does this account still show as open on my credit report, it shows that I owe a balance. This company also tried to charge me interest and late charges when the pay-off was made well before the due date and never been late. I did finally get them to refund those charges. Today I called again and asked why they are showing this as an open account and with a balance. I could not get a straight answer as to when it will be removed on my credit report, and these are unfair, corrupt and possibly illegal credit reporting practices.

Company Response:

State: AR

Zip: 727XX

Submitted Via: Web

Date Sent: 2022-10-08

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6061584

Date Received: 2022-10-08

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: I entered into a hardship payment plan with Comenitybank/wayfair in XX/XX/XXXX, agreeing to pay {$98.00} per month, I was told this would satisfy the account which at that time was past due less than 3 months related to covid and a job loss. The payments were auto debited from my checking account and I have never missed a payment. However, Comenity is now saying I owed more than {$98.00} per month and that is why it was " late ''. I was never informed when the hardship agreement was made of additional money due, in fact I was told, the agreement brings the account current, to begin the hardship plan, for the {$98.00} per month. It makes zero sense to enter into a {$98.00} per month payment plan, if it essentially leaves your account still behind. It was hard enough losing my job and having to call for a payment plan, the woman told me the {$98.00} was all I needed to pay per month for the plan. I was never told there would be any " additional '' amounts due, so once the auto debit was set up I assumed the account had been satisfied. However, my credit report now reflects I paid late every month I paid the auto debited {$98.00} agreed upon payment plan. This is because there apparently was additional money Comenity wanted outside of the hardship plan, or the plan was not processed correctly, I am not sure what the issue is on their end, but I know I was NEVER told anything else was due, when the agree was initiated and in the agreement document. In the beginning in XXXX of XXXX Comenity " charged off '' the account, all while I continued to pay {$98.00} per month as agreed upon. I have also never received any communications from them about the " charge off '' or who now holds the debt, although my checking account is still debited every month for {$98.00}. I filed a dispute through XXXX explaining all of this with documentation and nothing changed, Comenity has put " XXXX XXXX '' on my credit report for the last 8 months in a row, even though I have paid every month as agreed upon beginning in XX/XX/XXXX.

Company Response:

State: NC

Zip: 28277

Submitted Via: Web

Date Sent: 2022-10-08

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6061447

Date Received: 2022-10-08

Issue: Problem when making payments

Subissue: Problem during payment process

Consumer Complaint: On XXXX I formally requested a refund for an overpayment on a credit account to Comenity Capital Bank, a subsidiary of Bread Financial FKA Alliance Data. The account balance had already been paid prior to their systems auto-payment withdraw. Comenity Bank processed the automatic payment as well and now shows the credit account with a balance of - {$220.00} and a credit limit of {$720.00} ( originally {$500.00}. ) I requested the overpayment of {$220.00} be refunded to the account used to make the payment and that they make this action within 7 days of receipt. On XXXX I received a reply through their electronic messaging system that they : " won't collect the amount in question or report you as delinquent to the credit reporting agencies. '' I attempted to contact them again on XXXX and XXXX again explaining that my account was not delinquent, it was in fact over-paid. On XXXX I finally received a reply from a representative that they did acknowledge the original dispute date of XXXX that they would notify me of their findings within 90 days by US mail, again stating " won't collect the amount in question or report you as delinquent to the credit reporting agencies. "

Company Response:

State: FL

Zip: 32084

Submitted Via: Web

Date Sent: 2022-10-08

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6060307

Date Received: 2022-10-06

Issue: Attempts to collect debt not owed

Subissue: Debt was paid

Consumer Complaint: On XX/XX/22 I paid the {$110.00} balance on my Ann Taylor account by check payable to Ann Taylor. On XX/XX/22 I received a past due notice. I called and was told my payment had been credited by Comenity Bank to my J Crew account, not my Ann Taylor account. Comenity repeatedly offered a refund that I could use to re-pay the original Ann Taylor balance, but I was told that if I took it I would be liable for penalties and interest. Instead, I filed a dispute which was acknowledged by Comenity by letter of XX/XX/22. This process was repeated on XX/XX/22 and XX/XX/22. On XX/XX/22, I received a refund from Comenity without explanation. I called and was disconnected. I emailed and received no response. After a week of silence, I emailed again and said I would replace the original payment but I would not pay the erroneously charged penalties and interest and would file this complaint. I then received a response that Comenity was researching my dispute and I could expect no resolution for 90 days. I expressed concern that the refund they sent was inconsistent with the dispute I filed and appeared to put me in a position to be liable for penalties and interest. My concerns have not been addressed.

Company Response:

State: TX

Zip: 75252

Submitted Via: Web

Date Sent: 2022-10-06

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6059696

Date Received: 2022-10-06

Issue: Attempts to collect debt not owed

Subissue: Debt was result of identity theft

Consumer Complaint: Original creditor is Comenity Bank. Opened on XX/XX/XXXX. In collections with XXXX XXXX. The amount is {$2300.00}. I have been the victim of identity thief. I have received alerts of my information being on the dark web. Fraudulent accounts have continued to be opened in my name using my information. I attempted to gain more information about this fraudulent account through XXXX. No additional information could be provided. I disputed this collection with XXXX. I have locked my credit to prevent more fraudulent accounts from being opened using my personal information. I currently have a Comenity Bank account that was opened in XXXX that I am in good standings with.

Company Response:

State: NV

Zip: 89031

Submitted Via: Web

Date Sent: 2022-10-06

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6059050

Date Received: 2022-10-06

Issue: Problem when making payments

Subissue: Problem during payment process

Consumer Complaint: In XXXX I made a payment on my XXXX XXXX card, which is issued by Comenity Bank. It was a {$60.00} payment, the store never applied it to the balance and I began having late fees accrue. I told the company I had the receipt and tried on multiple occasions to prove that I had made the payment. I also made it clear that I would not give more money until the company showed that the money I had already paid was applied to the account and late fees removed. I have had conflicting information from different offices within the bank. One woman told me the account was closed and has a zero balance, another said she removed the late fees, and another said they arent able to remove late fees.

Company Response:

State: NC

Zip: 28405

Submitted Via: Web

Date Sent: 2022-10-06

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6058628

Date Received: 2022-10-06

Issue: Getting a credit card

Subissue: Card opened as result of identity theft or fraud

Consumer Complaint: Someone opened a XXXX XXXX for {$10000.00} credit in my name on XX/XX/22, then they tried to open XXXX XXXX and XXXX XXXX cards in my name around XX/XX/22. I have contacted all XXXX companies. But they are sending me letters saying I am " disputing a transaction ''! I am NOT disputing a transaction -- I am DISPUTING THE WHOLE FRAUDULENT CARD! I filed a police report, an FTC report, a report XXXX all XXXX credit bureaus, an alert to the XXXX XXXX XXXX XXXX in Florida, and alert to the Senior ID theft website, and everything else I can think of.

Company Response:

State: FL

Zip: 33445

Submitted Via: Web

Date Sent: 2022-10-07

Company Response to Consumer: Closed with non-monetary relief

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.