1. This Board Rocks has been moved to a new domain: CarolinaPanthersForum.com

    All member accounts remain the same.

    Most of the content is here, as well. Except that the Preps Forum has been split off to its own board at: http://www.prepsforum.com

    Welcome to the new Carolina Panthers Forum!

    Dismiss Notice

What some will do for a credit card

Discussion in 'Money & Finance Forum' started by PhotoGuy, Jun 17, 2003.

Page 1 of 6
  1. Jun 17, 2003 at 6:26 PM #1
    PhotoGuy

    PhotoGuy Can you hear me now?

    Age:
    48
    Posts:
    2,103
    Likes Received:
    0
    Joined:
    Jan 7, 2003
    Location:
    Normal, IL
    I find it absloutely amazing how some credit card companies are trying to get people to sign on and lose all their money in the process.

    Here's an application I received yesterday for the First Premier Bank Gold Mastercard.
     

    Attached Files:

    • _cc.gif
      _cc.gif
      File size:
      57.9 KB
      Views:
      144
  2. Jun 17, 2003 at 6:28 PM #2
    Puttingood

    Puttingood Sensitive One

    Age:
    73
    Posts:
    26,308
    Likes Received:
    2
    Joined:
    Jan 7, 2003
    Location:
    Charlotte, NC
    some people have to deal with them.
     
  3. Jun 17, 2003 at 6:34 PM #3
    PhotoGuy

    PhotoGuy Can you hear me now?

    Age:
    48
    Posts:
    2,103
    Likes Received:
    0
    Joined:
    Jan 7, 2003
    Location:
    Normal, IL
    Account set-up fee: $29.00
    Program fee: $95.00
    Annual fee: $48.00
    Annual participation fee: $72.00 (billed at $6/month)
    Additional annual card fee: $20.00
    Minimum finance charge: $0.50
    Credit limit increase fee: $25.00
    Autodraft fee: $11.00 per payment
    Online account access: $3.95/month

    --------------------------------------------

    That brings your account balance to 278.95 (without the credit increase fee) on a card with a limit of $300.00.

    If you miss the first month's payment, an additional fee of $25 (each time payment is late) is applied.... putting the balance over the limit. The fee for going over the limit is an additional $25 fee every month.

    Now... who in the hell would want to sign up for a credit card like this?:confused:
     
  4. Jun 17, 2003 at 6:34 PM #4
    VA49er

    VA49er Full Access Member

    Posts:
    22,561
    Likes Received:
    4
    Joined:
    Jun 14, 2003
    Putts right. Some have no choice but to go with high rate/high fee credit cards. The card companies know this and can get away with crazy ass fees, etc.

    Car dealers do the same thing with "bankruptcy discharge" advertising. Sure, you can get the car, but you'll pay 10-24% interest where someone with good credit will pay 0-5%.
     
  5. Jun 17, 2003 at 6:52 PM #5
    Puttingood

    Puttingood Sensitive One

    Age:
    73
    Posts:
    26,308
    Likes Received:
    2
    Joined:
    Jan 7, 2003
    Location:
    Charlotte, NC
    I got way too many credit cards and probably should read the fine print on some of them but I stay so busy all the time I don't have a chance.
     
  6. Jun 17, 2003 at 7:23 PM #6
    Franchise

    Franchise Turn it Blue

    Age:
    42
    Posts:
    6,945
    Likes Received:
    0
    Joined:
    Jan 7, 2003
    i just had to pay 200 in fees to get a credit card, when your young, and dont have any credit established, you do what you have to do.
     
  7. Jun 17, 2003 at 7:48 PM #7
    Puttingood

    Puttingood Sensitive One

    Age:
    73
    Posts:
    26,308
    Likes Received:
    2
    Joined:
    Jan 7, 2003
    Location:
    Charlotte, NC
    just had to pay 200 in fees to get a credit card, when your young, and dont have any credit established, you do what you have to do.

    Thats right--pay it on time and be patient. ;)
     
  8. Jun 17, 2003 at 8:10 PM #8
    kakia

    kakia Full Access Member

    Age:
    55
    Posts:
    1,891
    Likes Received:
    0
    Joined:
    Jan 7, 2003
    Location:
    Smyrna, GA
    why would you do that? that's just a waste of your money. there are plenty of reputable companies that offer a secured credit card with no fees.

    are you in college?
     
  9. Jun 17, 2003 at 8:13 PM #9
    Franchise

    Franchise Turn it Blue

    Age:
    42
    Posts:
    6,945
    Likes Received:
    0
    Joined:
    Jan 7, 2003
    i tried, i just work, i couldn't even get a gas card.....i got denied prolly 30 times.
     
  10. Jun 17, 2003 at 8:31 PM #10
    meatpile

    meatpile 7-9

    Age:
    53
    Posts:
    35,132
    Likes Received:
    138
    Joined:
    Jan 7, 2003
    Location:
    All up in Boo's mama
    Bullshit they have no choice - they can stop spending money they don;t fucking have.
     
Page 1 of 6

Share This Page