First National Credit Card ripoff - pay it off, cut up the worthless card and sleep better for it...Sioux Falls South Dakota
I got an application 2 months ago for a 250.00 limit credit card and sent it in. When it got here they explained in fine print that if you use the card you agree to the terms of the card.
The terms are a 119.00 dollar setup fee(one time)and a 53.00 annual fee.....what they didn't make clear was that the first time you use the card, you get charged all the fees up front! I made a 50.00 dollar purchase and reached my credit limit! So i'm thinking thats ok i'll make the payments when the bill comes in, and eventually it might be a viable card, except the bill did not come in; now a late fee has been added pushing the bill well over the limit! I feel as if the company is taking advantage of people with marginal credit and causing more problems for them! I personally am going to pay it off, cut up the worthless card and sleep better for it...
Bill
Tupman, California
U.S.A.