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No, You're Reading That Right 79.9 percent rate targets credit-challenged

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posted on Oct, 18 2009 @ 02:11 PM
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www.nbcsandiego.com...


Gordon Hageman couldn’t believe the credit card offer he got in the mail.

"My first thought, it was a mistake," Hageman said.

The wine distributor called the number on the offer, gave them the offer code and verified his information. Sure enough, it was right: the pre-approved credit card came with a 79.9 percent APR.


Wow, I had one of those cards. I thought 29.9 percent was high. Good thing I defaulted back then instead of now.

Creditors really want to take people to the cleaners.

I wonder how many people will fall for the cards.




posted on Oct, 18 2009 @ 02:14 PM
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Existing thread here:ATS



posted on Oct, 18 2009 @ 02:15 PM
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Originally posted by jtma508
Existing thread here:ATS


oh oops

sorry

ty for link



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