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Frequent Contributor
SLR72689
Posts: 357
Registered: ‎02-15-2013

Matrix Discover

Got a pre-approval in the mail. Mind you, I am rebuilding my credit so my offers haven't been great ones but...

 

$75 annual fee.

$144 annual fee for god knows what which is spread out for $12/month.

For a $300 CL. :smileysurprised:

 

Seriously? People actually apply for these!? Bad or no credit... I would never pay $75 for a $300 CL!!! Crazy.

Moderator
webhopper
Posts: 7,230
Registered: ‎09-16-2011

Re: Matrix Discover

These cards are terrible... run; as fast as you can!

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Frequent Contributor
SLR72689
Posts: 357
Registered: ‎02-15-2013

Re: Matrix Discover

I shredded it! No way!

Valued Contributor
injustifiiable
Posts: 1,846
Registered: ‎03-30-2012

Re: Matrix Discover

Totally glad they cannot issue these in Connecticut...I guess they were blocked from doing so after the first legal spectacle with Continental Finance.

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Established Contributor
TrishN
Posts: 505
Registered: ‎11-05-2012

Re: Matrix Discover

they are good bank to people whoever want to BK

10/2012 Started with 588 EQ Fico score and 20+ CA and CO
1750$ total CL
10/2013 in 700 Club
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Established Contributor
ObeyJohnny12
Posts: 591
Registered: ‎05-05-2012

Re: Matrix Discover

It's terrible! I can imagine what kind of APR they must have, let alone for cash advance. :smileyindifferent:

Gardening Since: March 4, 2013.
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Frequent Contributor
SLR72689
Posts: 357
Registered: ‎02-15-2013

Re: Matrix Discover


ObeyJohnny12 wrote:

It's terrible! I can imagine what kind of APR they must have, let alone for cash advance. :smileyindifferent:


If I remember correctly, it said 29.99% APR I believe!

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Matrix Discover

And the hilarious part of it is myFICO says they are the top bad credit card!!

 

myfico.PNG




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EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Senior Contributor
myjourney
Posts: 25,246
Registered: ‎02-07-2013

Re: Matrix Discover

They must have 2 promo's 

mine said 39% 1500 

Marked return to sender on it....let em pay postage twice on it Lol

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Established Contributor
ObeyJohnny12
Posts: 591
Registered: ‎05-05-2012

Re: Matrix Discover


LS2982 wrote:

And the hilarious part of it is myFICO says they are the top bad credit card!!

 

myfico.PNG


Lmao!!

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