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First Premier Joyful Bliss

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joedtx
Valued Contributor

First Premier Joyful Bliss

From time to time regardless of CS we all get these 'Preapprovals" from First Premier, Credit One etc this is just a reminder of why these predatory lenders have deep pockets and will continue to blindly send out these solicitations to everyone. Its shamefull that those rebuilding and with the most need turn to these types. It is fair for a business to charge an elevated fee based on their risk, but this is structured to simply generate beyond excessive fees and for those unfamilar with this structure can place them even more in debt that they could imagine.

 

CCI08052015.jpg

Message 1 of 35
34 REPLIES 34
pizza1
Community Leader
Super Contributor

Re: First Premier Joyful Bliss

36% **bleep**!!! LMAO! wow...SOOOOOOO glad I NEVER had to go this route, and had the smarts to research this forum FIRST, ugh!!!
Message 2 of 35
Anonymous
Not applicable

Re: First Premier Joyful Bliss

Id ask for $100 CL. Smiley Tongue
Message 3 of 35
joedtx
Valued Contributor

Re: First Premier Joyful Bliss


@Anonymous wrote:
Id ask for $100 CL. Smiley Tongue

Don't forget your include your $144 annual fee

Message 4 of 35
pipeguy
Senior Contributor

Re: First Premier Joyful Bliss

What a deal !! 

 

Congrats on your approval (snicker....)

Message 5 of 35
Anonymous
Not applicable

Re: First Premier Joyful Bliss

AF can not be more than 25% of CL.

$100 = $25 AF.
Message 6 of 35
CreditCuriosity
Moderator Emeritus

Re: First Premier Joyful Bliss


@Anonymous wrote:
AF can not be more than 25% of CL.

$100 = $25 AF.

Part of card act correct?

Message 7 of 35
Anonymous
Not applicable

Re: First Premier Joyful Bliss


@joedtx wrote:

From time to time regardless of CS we all get these 'Preapprovals" from First Premier, Credit One etc this is just a reminder of why these predatory lenders have deep pockets and will continue to blindly send out these solicitations to everyone. Its shamefull that those rebuilding and with the most need turn to these types. It is fair for a business to charge an elevated fee based on their risk, but this is structured to simply generate beyond excessive fees and for those unfamilar with this structure can place them even more in debt that they could imagine.

 

CCI08052015.jpg


 

That **bleep** is some crazy **bleep** **bleep**!!!!

 

Message 8 of 35
Anonymous
Not applicable

Re: First Premier Joyful Bliss


@CreditCuriousity wrote:

@Anonymous wrote:
AF can not be more than 25% of CL.

$100 = $25 AF.

Part of card act correct?


Yes!

Message 9 of 35
Anonymous
Not applicable

Re: First Premier Joyful Bliss

They usually do a 300 dollar credit limit. They used to have a gold card with a 79.9‰ APR
Message 10 of 35
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