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Politics : The Castle

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To: TimF who wrote (1715)	6/18/2003 7:28:09 PM
From: Lazarus_Long	Read Replies (1) of 7936

Can you imagine paying $281 in fees plus a $79 application charge for a Visa card with a $19 credit limit? That's seriously misleading. This is what the deal is: You pay $79 to apply for the card. And that's just the beginning, before you get the card. Once you're approved you'll have to shell out an acceptance fee of $225, an annual fee of $50 and a monthly participation fee of $6, for a total of $281. The card's initial credit limit is $300. So when you receive your card the available credit will be just $19. So: You're limited to $19 the first month. BUT after that the limit is $300. Quite a difference. Another question: I think you can imagine the sort of people who are "forced" into this situation? Would YOU lend them money? And, remember, you're running a business here, not a charity. If you don't keep that in mind, you will be one of them.

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