Providian who offers "Branded" charge cards is a widely known for gouging its customers with high interest charges and late fees.
Providian Shares Drop As Fraud Investigation ContinuesProvidian shares dropped for a fourth day on June 4 amidst fear that a three week-long investigation into the sales and collection practices of the company could drag on. Shares have fallen 21 per cent this week and 38 per cent since the consumer fraud investigation began.
Providian customer complaintsI recommend CLOSING any account you might have with Providian, Capital One, MBNA or Wells Fargo, Immediately!