New "L" Card from Lendup

[Anonymous]

Yay! Another preditor moves into the market. Is this an offshoot company of First Premier, offering a "prime" product? lol

[slund5499]

Didn't read anywhere about the apr. Just saw the ad and was curious and thought the post would spur some discussion about the do's and don'ts for this product.

[UncleB]

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@Anonymous wrote:

It's been said before, and I'll say it again... it's incredibly expensive to be poor.

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+1000

A more true statement has never been made; folks who have never lived it can never truly understand. 

(For the record, I wouldn't wish it on anybody...)

[Anonymous]

I did a Google search and found reviews on Credit Karma. I dunno if it's the same product that they've apparently offered in the past but it looks pretty shady.

[score_building]

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@Anonymous wrote:

never heard of lendup...but eeeeeeeek

"LendUp customers can earn access to installment loans at rates as low as 29% APR, based on the offerings of the LendUp Ladder in their state. Moving up the LendUp Ladder means earning access to more money, at lower rates, for longer periods of time."

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LOL...require a 680 for their best rate of 29%.

UNREAL...WHAT ARE THEY SMOKING?