First national Credit Gold card RIP-OFF Important INFO *other victims *UPDATE helpful info
I got this same approval for a 15k gold card and found this site thank goodness...but wanted to know more about what exactly this scam was so I found this and will share with you now....
Attorney General Lockyer Brings Consumer Protection Action Over Deceptive Credit Card Solicitations by First National Credit
April 27, 2001
01-041
FOR IMMEDIATE RELEASE
(LOS ANGELES) Attorney General Bill Lockyer today announced the filing of a consumer protection lawsuit against First National Credit to halt the allegedly deceptive solicitations being used to sign up Californians for restricted credit cards.
The complaint alleges that First National Credit uses misleading solicitations to enroll customers in its credit card program. In the solicitation, consumers are sent an "Acceptance Certificate" that states approval for a "gold card"with a credit limit of $15,000 and no interest for the first year. Consumers are told to send a fee of $37 or $43 for "rush processing and delivery" of the credit card.
The complaint filed Thursday in Los Angeles Superior Court states that consumers discover only after sending their enrollment fee that the promoted "gold card," unlike a VISA or MasterCard, cannot be used in stores. The company's "gold card" can only be used to order from the First National Credit catalog that the company provides. Those customers who try to place orders find out they cannot even charge the full purchase price using their so-called gold card because First National Credit requires the consumer to pay 25 percent of the purchase price by check or money order. Hundreds of consumers have reported being victimized by First National Credit's deceptive scheme.
First National Credit is a trade name for FNC Investments, Inc., a Nevada corporation with offices in Aliso Viejo in Orange County, California. In addition to First National Credit/FNC Investments, the complaint also names as defendants company president Mahmoud Karkehabadi, and founder Steven Golgolab.
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11 Updates & Rebuttals
John
Kailua-Kona,Hawaii,
Scam hits Hawaii
#12Consumer Comment
Tue, June 04, 2002
I got the same scam solicitation out here in Hawaii. I appreciate your help thru this website.
Mahalo,
John
::::EDitor's note:
Ka na'i pono
EDitor@ripoffreport.com
Matthew
Spokane,Washington,
Thank You For your Site
#12Consumer Comment
Tue, March 26, 2002
I received an Acceptance Certificate as well here in Washington state. Fortunatly I checked out your site as well. Thank you for saving me from being scammed.
People that are in need of re-establishing their credit are a very convenient target. I was a loan officer for 3.5 years and it is understandable that people want to repair their credit.
My suggestions are as follows. Take out a secured loan (small) on a vehicle. Even if it is from a high interest company. Making regular payments will help your credit.
Consolidate your credit cards by transferring them to the card with the least interest. Ask your credit provider to lower your interest. All they can say is no. It does happen that they say yes :-). Take out a second mortgage on the home.
If your loans on the home are under 100% of the value of your home you can write off the interest. If you go to Consumer Credit Counseling or similar companys Beware: Banks,Lenders,Mortgage Co.s look at it the same as a Bankruptcy!!!!!!!
To them it shows you can not handle your own money and they consider you a bad risk even if you make your payments in a timely fashion. You will get dinged extremely bad if you do so. Keep up the good work.
P.S. I am sending a check, just not to First National Credit :-)
Andreanna
Pensacola,Florida,
First National Credit - Gold Card
#12Consumer Comment
Tue, March 26, 2002
I received an application for a 15K limit gold card with no annual interest for the first year. I thought this offer was suspicious because the form didn't want any social security, or income info. of any kind. I decided to check on the internet and found this website. I am sorry for everyone that lost money. A thanks goes out to all of you who are making people aware of this fraudulent company. I just thought everyone should this scam is now moved to Florida. Beware!!!
Bill
Philadelphia,Pennsylvania,
Appears that this scam once in CA now hits PA******
#12Consumer Comment
Mon, March 25, 2002
Due to my recent seperation, My Ex-Wife has begun to destroy any remaining credit I had. So one day -03-25-02 I receive a letter in the mail no contact information or numbers just a request for 37.00 and 43.00 for rush processing..
I had to check this out. Offered 15K in credit and the only thing that really set me off to it was the "All Purchases from credit provider."
This really stood out in my mind so I went and did a search on the i-net and found so many horror sotries about this scam. I wanted to tell others that because they have filed a cease in CA they seemed to be spreading out to the east coast now. Thanks to other reports I am glad to have not sent in my 37.00 to register. And thank you to all of those individuals who make this report accurate...
If there are any real credit card companies who are willing to give credit to those who are willing to work hard to repair bad credit then please forward any remarks to me at B.Rice1@comcast.net.. thanks for your time and my Dime!
Bill
Philadelphia,Pennsylvania,
Appears that this scam once in CA now hits PA******
#12Consumer Comment
Mon, March 25, 2002
Due to my recent seperation, My Ex-Wife has begun to destroy any remaining credit I had. So one day -03-25-02 I receive a letter in the mail no contact information or numbers just a request for 37.00 and 43.00 for rush processing..
I had to check this out. Offered 15K in credit and the only thing that really set me off to it was the "All Purchases from credit provider."
This really stood out in my mind so I went and did a search on the i-net and found so many horror sotries about this scam. I wanted to tell others that because they have filed a cease in CA they seemed to be spreading out to the east coast now. Thanks to other reports I am glad to have not sent in my 37.00 to register. And thank you to all of those individuals who make this report accurate...
If there are any real credit card companies who are willing to give credit to those who are willing to work hard to repair bad credit then please forward any remarks to me at B.Rice1@comcast.net.. thanks for your time and my Dime!
Bill
Philadelphia,Pennsylvania,
Appears that this scam once in CA now hits PA******
#12Consumer Comment
Mon, March 25, 2002
Due to my recent seperation, My Ex-Wife has begun to destroy any remaining credit I had. So one day -03-25-02 I receive a letter in the mail no contact information or numbers just a request for 37.00 and 43.00 for rush processing..
I had to check this out. Offered 15K in credit and the only thing that really set me off to it was the "All Purchases from credit provider."
This really stood out in my mind so I went and did a search on the i-net and found so many horror sotries about this scam. I wanted to tell others that because they have filed a cease in CA they seemed to be spreading out to the east coast now. Thanks to other reports I am glad to have not sent in my 37.00 to register. And thank you to all of those individuals who make this report accurate...
If there are any real credit card companies who are willing to give credit to those who are willing to work hard to repair bad credit then please forward any remarks to me at B.Rice1@comcast.net.. thanks for your time and my Dime!
Bill
Philadelphia,Pennsylvania,
Appears that this scam once in CA now hits PA******
#12Consumer Comment
Mon, March 25, 2002
Due to my recent seperation, My Ex-Wife has begun to destroy any remaining credit I had. So one day -03-25-02 I receive a letter in the mail no contact information or numbers just a request for 37.00 and 43.00 for rush processing..
I had to check this out. Offered 15K in credit and the only thing that really set me off to it was the "All Purchases from credit provider."
This really stood out in my mind so I went and did a search on the i-net and found so many horror sotries about this scam. I wanted to tell others that because they have filed a cease in CA they seemed to be spreading out to the east coast now. Thanks to other reports I am glad to have not sent in my 37.00 to register. And thank you to all of those individuals who make this report accurate...
If there are any real credit card companies who are willing to give credit to those who are willing to work hard to repair bad credit then please forward any remarks to me at B.Rice1@comcast.net.. thanks for your time and my Dime!
S
Canton,Ohio,
Scam alive ih Ohio
#12Consumer Comment
Sun, March 24, 2002
Received a certification yesterday here in Ohio BEWARE!!! Thanks to the web and this site, it is now shredded.
To all of you who were scammed by this company, the information below should be helpful.
#120
Thu, January 10, 2002
They filed the following to the above Rip-Off Report:
Their email: sp9624@alpha.rwu.edu
Their name: MSP
Their phone number: 610-513-1077
Their relationship to the company: Consumer Suggestion
Rebuttal:
To all of you who were scammed by this company, the information below should be helpful. It is FNC's NV INC status report. If you file a law suit, you will need this info. Good Luck!
Name: FNC INVESTMENTS, INC.
Type: Corporation File Number: C17656-2000 State: NEVADA Incorporated On:
June 26, 2000
Status: Default Corp Type: Regular
Resident Agent: RITE, INC. (Accepted)
Address: 1905 SOUTH EASTERN AVE.
LAS VEGAS NV 89104
President: MAHMOUD KARKEHABADI
Address: 27602 DEPUTY CIRCLE
LAGUNA HILLS CA 92653
M. Steven Papi
I just want to thank you again.
#120
Sat, October 06, 2001
This email is a rebuttal to RipOff #6737.
It was sent by Darlene Lewis at lene2d@aol.com.
First national Credit Gold card RIP-OFF Important INFO *Another victim (#6737)
They filed the following rebuttal to the above Rip-Off Report:
Their email: lene2d@aol.com
Their name: Darlene Lewis
Their relationship to the company: Owner
Rebuttal:
I recieved the same letter for a $15,000 gold card
I live in Florida and thank god I looked up your site for a report on this company. I thought something was suspicious because in the letter when they would refer to the gold card they would only say gold card not gold card visa or mastercard and also the statement in the certificate" purchases from credit provider", so that was a indication to find more out about this company. I just want to thank you again.
First National Credit
Pacific Park Plaza
27101 Aliso Creek Road, Unit 126
Aliso Viejo, Ca 92656
I have also been a target of the above company
#120
Sat, September 29, 2001
They filed the following to the above Rip-Off Report:
Their email: bobbie.halbrooks@pse.org
Their name: Bobbie Halbrooks
Their relationship to the company: Another Victim
Rebuttal:
I have also been a target of the above company. I mailed them my money and got a good for nothing card in the mail alond with a catalog of cheap items selling for very high prices. I know it would have been dumb to just send someone my money, so I did do some checking before that. There is a real credit card with the same name. Their website is fnc.com . But it is the exact same name. So I sent them a money order. I did recently receive
the card in the mail with the catalog of course. I decided to check a little more because it just seemed a little odd. I found their real webpage and couldn't get anywhere. I'm very upset and don't know what to do.
I have copies of all communication between me and the company if that helps any. Like for example the certificate they send you for you to send back with the money. I would like to see justice for these people as well as money. Atleast what i sent to them if not more. I am in Milwaukee, Wisconsin. I notice most of the people whom have postings for this company are in California. Why is that? Your help and time are greatly appreciated.