$1 paper statement fee now on many store credit cards

**Mogul of Pineapples** · Jan 29, 10, 10:50 pm

World Finacial, which is a company which you don't hear much about, yet they issue dozens of store credit cards. They now started charging $1.00 monthly fees for paper statements on reportedly almost all of their cards. I don't know all of them off hand, but I believe they issue over thirty different store cards in the article I read about it.

**jeffysdad** · Jan 30, 10, 1:21 pm

keep your eye out for inactivity fees on your major cards and be ready to call and cancel if they aren't rescinded.

**Mogul of Pineapples** · Feb 6, 10, 8:13 pm

I think rather than inactivity fees, we'll just start seeing accounts canceled by the issuer if they're not being used. We already saw a lot of that in '09.

**mrs mays** · Nov 12, 10, 11:23 pm

I am trying to find out what store credit cards don't do this can you tell me?

**BeeBop** · Dec 1, 10, 3:50 am

I heard this practice of charging $1 for paper statements was discontinued because of all the outcry. Can anyone confirm this?

**Mogul of Pineapples** · Dec 6, 10, 1:06 pm

Beepbop, I believe you are right. I recall seeing something about that not too long ago too. With World Financial not having a public website though it is hard to confirm what's going on with them.

**BeeBop** · Dec 8, 10, 2:10 am

I really need to know for sure before I apply. Can anyone please tell me for sure if this is still going on?

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$1 paper statement fee now on many store credit cards

That's pretty incredible...