Complaint Review: First Premier Bank - Sioux Falls SD - Internet

Companies like First Premier Bank solicit business from those of us with bad credit. I received the same thing in the mail less than a month after my bankruptcy had discharged. However, before applying I read the ENTIRE thing. All the fine print. Every fee, every Possible fee, every finance charge, how the charges are calculated, etc. In my case, I did apply simply because 1) I am working to rebuild my credit 2) there is no way on God's green earth I will be able to get credit without high interest rates, deposits, etc. 3) I've accepted that fact, but I know that using credit wisely will benefit me in the long run. I know I will have to pay high prices now (they also disclose that you will be charged a percentage if you ask for a credit limit increase) in order to make my dream to own a home for my children and I in years to come.

So, in rebuttal of your rip-off report- you should have read all the fine print BEFORE applying, so that YOU will be aware of what YOU are getting yourself (not First Premier - they are in business to make money like all credit card companies) into. Not trying to be the Devil's Advocate or anything, but from someone who has been there and is trying to be responsible, First Premier isn't ripping you off. They are giving you an offer of credit in return for some collateral in the form of Annual fees, app fees, etc. If anyone has been ripped off, it's First Premier simply because you 'signed on the dotted line' and in essence agreed to all the fine print - that you, a competent adult, did not read.

But..it needs addressing..

The BLABBERMOUTH know it all First Premier Bank VICTIM STEVE apparently posted and I quote .."Although I agree that First Premier Bank engages in unscupulous lending practices, I have to give you some advice after reading your post.

You stated that your reason for getting the card was that you "needed money".

You obviously shouldn't have a credit card,

because you don't know that credit is not money. Credit is debt which

you have to repay, so if you "need money" how are you going to repay

this debt?

If you need money, get a job. If you have a job and still need money,

get another job. If you have 2 jobs already and still need money, you

need to take a serious look at your lifestyle and do some serious

cutbacks in expenses."

So...perhaps "we" should ask of "STEVE"....why did you sign on with the SCAMMER LOSER SUB f**kING PRIME LOSERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR Bank..FIRST PREMIER BANK...oh GREAT  man of infinite wisdom oh STEVE of BRADINGTON or WHATEVER Florida white trash trailer park dirt you come from?

Let ME ask YOU?? WHY on GODS green Earth did you STEVE...need to not only APPLY with..but AGREE to and SIGN voluntarily to the TERMS of a SCUMBAG LOSER SUB PRIME bank such as FIRST PREMIER? WHY...oh WHY STEVE from BRADINGTON or whereever the f**k FLORIDA...did you need credit from FIRST PREMIER BANK...the WORST on EARTH EVER of ANY SUB PRIME LOSER BANK horrible interest rate LOSER CREDIT CARD. WHY STEVE oh the great SUB PRIME LOSER...tell us...WHY did YOU need to or voluntarily CHOOSE to sign on with this bank????????????????

Although I agree that First Premier Bank engages in unscupulous lending practices, I have to give you some advice after reading your post.

You stated that your reason for getting the card was that you "needed money".

You obviously shouldn't have a credit card, because you don't know that credit is not money. Credit is debt which you have to repay, so if you "need money" how are you going to repay this debt?

If you need money, get a job. If you have a job and still need money, get another job. If you have 2 jobs already and still need money, you need to take a serious look at your lifestyle and do some serious cutbacks in expenses.