Hey Folks,
Earlier, I had been reading an article which brought up what I thought to be a good point. I don't remember where I read the article however, and as a general rule of thumb, I always clear my histories and cache so I have no way of tracking back to that page. In any event, the author goes on to say that there are no such things as sub-prime cards, only sub-prime users - of course I immediately thought of any secured card (Orchard for example), so I tend to disagree with the author on that point. To add, (s)he continues saying that while most "sub-prime" CCC's have extradonarily high APR's, users who are considered prime generally get the best rates these companies have to offer (which usually are significanlty lower than those rates given to sub-prime users). One card that comes to mind immediately would be C(r)ap One. Your comments are welcomed.