Target National Bank


Country United States
State Afghanistan

Target National Bank Reviews

  • Apr 28, 2014

I am having a problem with Target Credit Card company, that I thought you might possibly be able to assist me with or tell me if it is a scam by Target?

I have been a long time customer with Target bank. 2 1/2 years ago I ran into some medical problems. I called up Target bank and asked them if I could possibly skip 2 or 3 payments due to a temporary medical hardship. They stated that they had no type of program that would allow me to do this.

I had no choice but to skip the 3 payments from Target. On the 4th month, I contacted Target to see if something could be worked out to continue paying them and become current once again. They stated that if I would allow them to automatically deduct $50 from my checking monthly and agree to close the account, there would be no late fees or extra interest added to the account. The $50 would just go to paying off the remaining balance. (At that time it was some $2,500)

I agreed to this. For 6 months they automatically took the amount out of my checking. After that, I paid Target Bank directly $50 a month. As soon as I was able I started paying $60 a month, in hopes of paying it off earlier than planned. I paid every month on time, never missing a payment or having a late payment.

After I had been paying that for about a year and a half or so, I received a letter from a collection agency saying that I owe some $2,600 but if I pay them a lesser amount in full with in so many days, the debt could be resolved.

I immediately called the collection agency and informed them that my account should not be in collections because I have not only been paying the agreed amount on time every month, but I have also been paying extra. They said a little more than a year ago Target National Bank sold my loan to TD Bank. TD Bank was not aware of any agreement, so I have been being charged late fees, interest, and such every month. That is why my balance is higher than it was a year ago, even though I have been paying (as what I thought) was more than the minimum due. They suggested I call TD Bank. Which I did. They told me that they could not talk to me because my account had already been handed over to a collection agency.

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