Lizzy Posted September 27, 2003 Report Share Posted September 27, 2003 Anyone ever hear of them? I got mail from them for a Visa, applied...and was approved. They didn't say what my limit was only that they would contact me if more information was needed. Liz Link to comment Share on other sites More sharing options...
nativechild48 Posted September 28, 2003 Report Share Posted September 28, 2003 Very, very high interest rate They took over the Nextcards and some pay up to 35% if not more They also have a monthly membership fee that wracks up more interest. I'd give serious thought before I go there If this is the only card that you can get right now and you decide to take it, pay it off every month and the fee. Link to comment Share on other sites More sharing options...
Lizzy Posted September 28, 2003 Author Report Share Posted September 28, 2003 The letter I have says the rate is 16.70% until you fail to pay at least the min. payment for any billing cycle by the date on which payment for that billing cycle is due 2 times in any rolling six-month period. BLAH,BLAH,BLAH...As far as a fee, it says if you become ineligible for the preferred purchase APR, an annual fee of $48 per year will apply.I will be paying my bill in full every month or maybe I will not get it at all. I was just wondering becuase I never heard of this bank before. Liz Link to comment Share on other sites More sharing options...
nativechild48 Posted September 28, 2003 Report Share Posted September 28, 2003 Go to this Class action attorney group and look under special they are preparing a class action against them Their banking pratices are suspect I think you should do more research before you commit Link to comment Share on other sites More sharing options...
Lizzy Posted September 28, 2003 Author Report Share Posted September 28, 2003 Thanks...Liz Link to comment Share on other sites More sharing options...
Bev3180 Posted October 2, 2003 Report Share Posted October 2, 2003 Too late for me. I got a pre-qualification letter and sent it in. Got approved for $900 so I was happy with that.Don't know what the law firm referred to is going after but these terms seem good to me. Interest rate is high but the other terms are excellent.APR 16.95Annual Fee - 0Grace period 25 daysI am going to cancel my Cross Country ASAP. They are unbelievable. Link to comment Share on other sites More sharing options...
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