Sunday, August 9, 2009

It is all these credit card offers 10,000.00 7, 500.00 and more saying you don't have to have a

and know credit, is all that a scam? who%26#039;s going to give a person that kind of credit without something?is any real?



It is all these credit card offers 10,000.00 7, 500.00 and more saying you don%26#039;t have to have a job and knowcredit card offers





These are for prepaid %26quot;credit cards.%26quot; They actually act more like a debit card, than a credit card. Except that you don%26#039;t even have to have a bank account. Send in your money (probably a money order or cashier%26#039;s check), they issue you a card but probably for a %26quot;line of credit%26quot; quite a bit less than the total you sent them as they are claiming some of that for various fees. The company isuing the card makes a bundle off of you, and since you%26#039;re prepaid, they couldn%26#039;t care less whether you have a job, rotten credit, or whatever. They already have your money.



P.S.-- If you happen to lose your prepaid card, or for some other reason never spend down your total prepaid %26quot;line of credit%26quot;, then the issuer%26#039;s profit margin just got that much better because they still have your money.



It is all these credit card offers 10,000.00 7, 500.00 and more saying you don%26#039;t have to have a job and know

loan



I%26#039;ve seen credit card offers like that. And I%26#039;ve also seen alot of people get duped into getting one.



Here%26#039;s the catch, the $10,000 or $7,500 credit line is only for their online catalog or services. It%26#039;s not a Visa or Mastercard. Plus, they charge you $150 for membership fees. Depending on the card, you might also be charged monthly service fees.

No comments:

Post a Comment