Valued Contributor
Posts: 2,297
Registered: ‎07-23-2012
Re: Wow, I got a preapproval!!!!!!

HiLine wrote:

newportguy wrote:

BEWARE of First Premier !!!!!!!!!!


The two credit cards come with an astronomical interest rate: 49.9% the first year, with the possibility of a minor reduction to 39.9% thereafter. For comparison, the industry average for those with poor credit is 23.95% – less than half of the Aventium/Centennial’s. First Premier is notorious for its high interest rates: previous iterations of the Aventium and Centennial came with 79.9% and 59.9% APR’s, but were yanked after public pressure.

The average APR for those with poor credit is 24%? I got really close to that on my Visa Signature card Smiley Sad


all of my store cards have an apr of 23%+ i only let my best buy report since it has 0% financing and all others might report one month but get pif so no interest paid. 


my two citizens cards (right now) one has 0 for the first year not sure whats after and the second is 17.99% 

chase freedom is 0 until 11/13 and then 22

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9

2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$7,400
Citi DC $10,000
Citizens Mastercard$7,000