Complaint Review: Credicorp

First I would like to say Thank You for providing this valuable informative web site. My husband received an letter from Credicorp stating that he had been pre-approved for a $10,000 credit limit Visa. Only $37.00 annual fee. With 12% interest. We were about to go for it but as I re-read the letter I noticed a web address for Credicorp and decided to investigate.

I am glad I did. They must look for people who have had credit problems and the prey on them like vultures!!! They should be put out of business. They are not concerned with helping people who could use the help they are only interested in entrapping people and lining their own pockets. Typical!! I feel for people who didn't take the time to investigate. I have always heard if it sounds to good to be true it probably is and they have most certainly provent that to be true.

Consumer beware!! One more thing, I love their little P.S. which says "Full details for your membership benefits will be included with your new gold card. If you are not completely satisfied, you have a 60-day refund of money guarantee." Bullshit! I am sure there is something somewhere that would allow them to keep your $37.00 membership fee!!

Pam
Henlsey, Arkansas