signature credit corporation Potential rip off alert deceptive company Orange California *UPDATE ..what a scam!
I received notification in the mail from Signature Credit Corporation offering me $10,000 credit at 0% interest for one year. Then 5.9% ever after. I am preapproved, and must apply by 12/16/02, for this wonderful opportunity. It is only going cost a mere $37.00, or $44.00, if I want to be scammed faster.
I noticed that there was no phone number to contact, so I looked for a web site. I found it at signaturecreditcorp.com. The first thing that I noticed is there still is no way to talk to someone in person. I have sent an email questioning their benevolent attitude towards giving me a lifetime 5.9% factor.
I asked for any additional information they can give me regarding any unspoken charges that could be made. I did advise them that the old saying speaks pretty loudly here, "If it looks to good, then it probably is".
Folks, if you receive this wonderful opportunity, I think a good place for it would be in the dumpster. Take heed and be fore-warned.
Jim
Tucson, Arizona
U.S.A.
1 Updates & Rebuttals
Ripoff report update
#20
Fri, December 13, 2002
I received an email today from the Signature Credit Corp. and the following are excerpts from that email.
"Signature Credit Corp. is a credit provider and a merchant. Signature provides an extensive line of products including hundreds of consumer items that you can purchase with your credit card."
They list those items by category. It follows by saying that, to purchase, will require a 20% minimum downpayment, with the balance charged to your card. By paying a higher downpayment you can get a 40% discount.
"The card may be used for purchases from signature Credit Corp, the credit provider. It is not intended for other store purchases or balance transfers".
Folks it is not a universal credit card. The 20% down will probably cover their cost of the item plus a substantial profit. Be real careful here. If it smells like a rat, looks like a rat, then it probably is a RAT !!! If you have received this opportunity then your name has probably been sold to some scam artist.