Why We’re Here
So you have complaint against Credit One Bank. A major issue. And Credit One Bank customer service hasn’t solved your complaint.
Maybe you want compensation for overcharges, fraudulent sales tactics, collections issues, or impact to your credit. Maybe you just want Credit One Bank to admit they’re in the wrong and give you fair treatment. Either way, you’re looking to take action on your Credit One Bank complaint.
So, the question is: how can you make Credit One Bank hear your complaint? Can you sue Credit One Bank? What sort of compensation do customers get from Credit One Bank their complaints?
The first thing to know, is that your Credit One Bank contract probably limits your options for legal complaints against Credit One Bank. You generally have two options:
Take your Credit One Bank complaint to Small Claims Court, or
Take your Credit One Bank complaint to Consumer Arbitration
We at Radvocate can help you file a claim against companies like Credit One Bank. We’ll take your complaint through the legal process of consumer arbitration. This usually gets them to negotiate. (For a list of companies we process complaints against, start here.)
Here’s some information from the American Arbitration Association (AAA) on how recent complaints against Credit One Bank have been resolved:
Now for the numbers…
In 2018, 162 complaints against Credit One Bank were resolved through the arbitration system.
Among these complaints, 120 complaints resulted in a settlement – that's 74% of complaints.
Although settlement amounts are secret, the average complaint against Credit One Bank asked for $14461 in compensation.
At least 48 customers also received non-monetary relief for their Credit One Bank complaint as well.
Arbitration complaints against Credit One Bank took an average of over 11 months to resolve.
Complaints handled by Radvocate are often settled before arbitration, which can be much faster. (For a list of companies we process complaints against, start here.)
The arbitration complaint process against Credit One Bank costs money, but the company is usually responsible for costs. Credit One Bank paid $1256 in fees per complaint on average.
Meanwhile, 100% of consumers paid nothing in arbitration fees for their complaint against Credit One Bank through the American Arbitration Association.
We want to hear from you:
Claim data is from the American Arbitration Association’s 2018 Q4 Report, which can be found here