Complaint Review: CrediCorp

To all who will read:

Do Not Send in your money to Credicorp. I received an offer in the mail for a 10k credit preapproval for a platinum card. I originally thought it was an excellant idea. I scrutinized the documents and I admit, wrote out a check for $37.00.

However, I thought the language in the document and felt that the language was off. Why would a credit card company include this sentence:

"It is not unusual that we guarantee pre-approval of all credit $10,000.00 credit limit valid exclusively toward all credit purchases from credit provider."

Why would the tell me it is not unusual to do this? Did I ask if it is unusual? And What does valid toward all credit purchases from credit provider mean? Why not say that we will give a 10k advance towards purchases of our products? It did not make sense.

I decided to research this company and came accross this site. Thank god. There must be so many people out there getting this letter and buying in to it? I am a attorney and I almost got duped!

What needs to happen is someone in dallas needs to get in touch with both the state police and federal government. This is a clear crime and will be prosecuted once it gets upstream to proper authorities.

If you read this, DO NOT GIVE CREDICORP ANY MONEY...IT IS A FRAUD!

RJ
Manhattan Beach, California
U.S.A.