First Premier Pre-Approval

Creditaddict · ‎10-09-2010

For $700 CL too.

I'm not even close to thinking about it, but since it's been over 4 years since I have had a Pre-Approval it's really nice

mross1080 · ‎10-09-2010

Congrats on the Pre-Approval. Worst company ive ever had to deal with. They still owe me 7 dollars.

Anonymous · ‎10-09-2010

Dude can't wait to opt back in and start getting pre-approvals

Wolf3 · ‎10-09-2010

I just got one last week, $700 also. In the trash.

Anonymous · ‎10-09-2010

If its the same pre approval i got with the colored circles and such then that 700 CL also comes with a 175AF. I couldn't believe that, and it had like a 23% apr

Wolf3 · ‎10-09-2010

I think it also mentioned a CLI fee.

wollepopolle · ‎10-10-2010

Haha! I didn't even know that such bad credit cards are on the market.

https://www.premiercreditcardsf.com/CardDetails.aspx?appid=LI1010100738GMNCN

A 59.9% interest rate on purchases? Wow, that's highway robbery. And you have to pay a $25 fee when you open the account. I think that these charging practices should be illegal! This is taking advantage of those who have bad credit or who don't know better.

DI · ‎10-10-2010

http://finance.yahoo.com/banking-budgeting/article/110946/worst-credit-card?mod=bb-creditcards

Wolf3 · ‎10-10-2010

" a credit-limit increase fee equal to 50 percent of the increase. So for every $100 that First Premier increases your credit limit it charges you $50."

IMO, this is the most outrageous of the fees.

MrShush · ‎10-10-2010

I know everyone is always down on First Premier and Tribute and the like, but many years ago when I was rebuilding, they served a purpose. Sure the fees are hefty, but as long as you are ok with having a card that you are basically paying for reporting, so be it.