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: 4296792

Date Received: 2021-04-14

Issue: Fees or interest

Subissue: Problem with fees

Consumer Complaint: Had a XXXX Credit Card through Comenity Bank ( worst bank ever )! Did not use card and then get charged a fee for not using card so I told them to close the account. I didn't use it that often and to get charged when not using it is ridiculous. But they would not close account and kept charging me {$10.00} so i finally paid {$30.00} to just get rid of them and they finally said they would close account. Several months later I got notice from a collection agency regarding outstanding bill. Now 5 years later it up to {$300.00}. What can I do? This account was closed and bank still charged!!! This is 5 years later!!!

Company Response:

State: FL

Zip: 33025

Submitted Via: Web

Date Sent: 2021-04-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4296227

Date Received: 2021-04-14

Issue: Problem when making payments

Subissue: Problem during payment process

Consumer Complaint: The account number provided was not the correct number to use to register the account online.

Company Response:

State: ME

Zip: 044XX

Submitted Via: Web

Date Sent: 2021-04-14

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4296219

Date Received: 2021-04-14

Issue: Written notification about debt

Subissue: Didn't receive enough information to verify debt

Consumer Complaint: As of XX/XX/2020, I have sent monthly letters to XXXX XXXX XXXX asking them to provide that those accounts are indeed mine. All letters are attached to this complaint. I have not received anything from that XXXX XXXX XXXX to justify their collecting attempts and reporting it on all three credit bureaus. Where in their comments on my credit report they stated " meets FCRA 611 ( 15 U.S.C. 1681I ) requirements ''. I sent out letters pertaining to these account they are reporting to the credit bureaus and in no WAY are they are " MEETING FCRA REQUIREMENTS ''. I asked for verification and I have received nothing. Per FCRA requirements, if I am not supplied with the evidence after 30 days THOSE ITEMS WILL BE DELETED FROM ALL THREE CREDIT BURUREAS.

Company Response:

State: FL

Zip: 33162

Submitted Via: Web

Date Sent: 2021-04-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4293579

Date Received: 2021-04-13

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: The information regarding the account XXXX on my credit profile is reporting different account dates and inaccurate names of the creditor for each bureau. I have disputed this information with them directly but they are refusing to delete the account. They are reporting inaccurate information and it is hurting my financial future. Reporting different dates for each bureau. XXXX Date of last reported : XX/XX/XXXX XXXX XXXX Date of last reported : XX/XX/XXXX XXXX Date of last reported : XX/XX/XXXX Reporting different names for each bureau XXXX- COMENITYCB/MYSMLCARE XXXX XXXX- COMENITYCAPITAL/MSC XXXX- XXXX The bureaus are reporting fraudulent payment history as well regarding this account. XXXX : Exceptional payment history XXXX XXXX : No payment history XXXX : Reporting one month of payment history

Company Response:

State: FL

Zip: 32257

Submitted Via: Web

Date Sent: 2021-04-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4292592

Date Received: 2021-04-12

Issue: Advertising and marketing, including promotional offers

Subissue: Confusing or misleading advertising about the credit card

Consumer Complaint: I am not in agreement with the AUTOMATIC PAYMENT option that Commenity offers to credit card holders. The description of their process on line is not exactly how they calculate it and they are not detailed enough with their explanation. The overall process they perform does not seem to follow their description of the feature and can actually hurt a credit card holder by withdrawing too much money from their bank account to cover the credit card balance, therefore, putting the person in an overdraft position. In XX/XX/2021, I signed up for the AUTOMATIC PAYMENTS feature offered to me as a card holder. My intention was to still use my bill payer at my bank to initiate payments and should the USPS not deliver my payment in time, I would be covered with the auto pay feature. My XX/XX/2021 statement had a new balance of {$230.00} due on XX/XX/2021. In XXXX I used my bill pay at my bank to pay the {$230.00}, which was applied to my credit card balance by the credit card company on XX/XX/2021. At this time I had satisfied my credit card balance due by XX/XX/2021. On XX/XX/2021, the credit card company withdrew {$90.00} from my bank account to pay the credit card balance. This means that I over paid my monthly credit card due to them pulling money from my account. When I inquired with Commenity about this issue they stated that by signing up for the AUTOMATIC PAYMENTS feature, I authorized them to withdraw up to the NEW BALANCE amount of {$230.00} to cover any balance on the credit card, not just the current credit card balance. The amount of {$90.00} that they withdrew was actually to cover future charges I made that were not billed yet on my monthly credit card statement. I do not feel the description of the automatic payment feature is truthful and feel it is misleading. The below are copies of the text in their website regarding the feature. Automatic payments let you authorize an ongoing deduction from your checking account to pay your My BJ 's Perks World Mastercard Credit Card Account on your Payment Due Date. You may schedule an automatic payment of your Minimum Due, My Balance or an Other Amount of your choice. When you do, you will receive an email reminder 10 days before the payment is withdrawn from your checking account. Then, on your Payment Due Date, your payment will be paid according to your chosen payment option -- -no stamps, no late payments, no worries. Go to Automatic Payments. Not signed in? Sign in now. My Balance will include the total of your regular revolving credit plan purchases, cash advances and past due amounts plus minimum payments due for any promotional plans. If you have a promotional plan, you may need to pay more than the minimum payment due to pay off the promotional plan balance during the promotional plan period to avoid additional finance charges. You may need to set up additional payments to ensure these promotional plans are paid off before the end of the promotional period. If your billing statement 's " New Balance '' is XXXX, no automatic My Balance payment will be withdrawn for that month.

Company Response:

State: PA

Zip: 173XX

Submitted Via: Web

Date Sent: 2021-04-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4292151

Date Received: 2021-04-13

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: Victoria Secret has not sent any validation that this debt is indeed mine showing a wet signature. I have no binding contract with this company. I sent numerous letters via certified mail and received no validation of the debt.

Company Response:

State: GA

Zip: 30122

Submitted Via: Web

Date Sent: 2021-04-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4290603

Date Received: 2021-04-12

Issue: Advertising and marketing, including promotional offers

Subissue: Didn't receive advertised or promotional terms

Consumer Complaint: I opened a credit card with the purchase of a couch from XXXX. The servicer for the account is Comenity Bank. I have the original credit card agreement which states " Purchases of {$700.00} or more have a promotional period of 12 months deferred interest ''. My purchase was over that amount and I am within the 12 month deferral period. On my XXXX statement, Comenity applied interest charges saying that my deferral period had expired. I did not catch the error until I logged on to pay off the balance on XX/XX/21. I disputed the charges and was denied the dispute because I did not call in within 70 days. I'm unclear about the dispute period since my statement says 60 days and the denial of the dispute says 70 days. They also can not tell me if it's 60 ( or 70 ) days from the day the statement is cut, the statement due date, or some other date. Regardless, if Comenity violates the credit card agreement, there should not be a time period for dispute. By the way, I contacted them 64 days after the payment was due on the applied charges. When I called in to question the decision to deny my dispute, I was told that XXXX is responsible for 'entering in the promotional period ' and there was no way to further dispute the almost {$500.00} of interest applied to my account. Comenity is saying, although I have the original service agreement that states the promotional period is 12 months that since XXXX incorrectly entered it as 6 months that they can not waive the fees. I have called now 3 times. It was not until I pushed for a supervisor that I was told they DID make an error and that they were waiving the interest on my account. As a consumer I expect the credit card company to honor the terms of the credit card agreement. I do not expect to have to call 3 times, file a dispute and escalate to a supervisor for them to honor the agreement. How many consumers are denied fees and interest that are charged in violation of the credit card agreement? I have since cancelled the 3 accounts I have that are serviced by Comenity and will not open any accounts serviced by them in the future.

Company Response:

State: OH

Zip: 43081

Submitted Via: Web

Date Sent: 2021-04-12

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4290530

Date Received: 2021-04-12

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: The following company : Comenity Bank/David 's Bridal is reporting a late payment on my credit report. I have mailed letters to this company since last XXXX and have not received a written response from them. I have also contacted them via telephone and they're not able to find my name, social,, or phone number in their system. I'm asking that you remove this late fee from my credit report being that it's evident that this is not my account.

Company Response:

State: TX

Zip: 76227

Submitted Via: Web

Date Sent: 2021-04-16

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4290078

Date Received: 2021-04-12

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: The charges on my XXXX XXXX card were made by a dishonest employee at the store. The store manager stated that he would credit the charges and never did. I have been making the payments to protect my credit but the charges are fraud and are not mine and the company has failed to correct this issue

Company Response:

State: TX

Zip: 78006

Submitted Via: Web

Date Sent: 2021-04-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4289276

Date Received: 2021-04-11

Issue: Getting a credit card

Subissue: Sent card you never applied for

Consumer Complaint: Identity Theft : Victorias Secret Card not requested Sent to former address Can not contact company XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX

Company Response:

State: MD

Zip: 212XX

Submitted Via: Web

Date Sent: 2021-04-11

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.