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I thought it was illegal for the APR to be above 29.9%. Is this not accurate? Either way, I'm right with you.
The California Attorney General's office said there's nothing it can do about the cards since they are issued out of state and out of its jurisdiction.
A spokesman with the Federal Deposit Insurance Corporation (FDIC) said interest rate limits on bank cards are set by the individual state and not on a federal level. According to information on the South Dakota Legislative Web site, there is "no maximum or usury restriction." In other words, the individual bank can set its own interest rate limits.
I just though it was odd.
79.9 percent!!?!?! Are you freaking kidding me?
This crap NEEDS TO END NOW!!!
Originally posted by severdsoul
Why's the "79" look diffrent than the rest of the type? Kind of odd, the rest is lighter and not as crisp, but the top line is dark and bold and very crisp.
Just though it was unusual as a scan image
[edit on 23-10-2009 by severdsoul]
Personally I'm more amused by the $75 annual fee and $300 limit.
You've already decided to not give them your money, right? There's no point in getting angry and giving them your heart instead.
Originally posted by David9176
reply to post by severdsoul
I swear to you that it is real and I didn't believe it at first as well. I told me wife about it after I opened it and she couldn't believe it as well.....she then listened to me complain about for a half hour..lol.
Hell....if you don't believe me I can record a webcam vid showing it on ATS...if you think I need to go that far....although it would be a pain in the ass.