#1 Consumer Comment
AUTHOR: Robert - Buffalo (USA)
SUBMITTED: Monday, January 23, 2012
POSTED: Monday, January 23, 2012
Their ridiculous fee schedule is available on their website, https://www.creditonebank.com/assets/CardholderAgreements/CreditOneBankCreditCardAgreements.pdf
ALL of their credit cards have a $75 service fee for the first year. After the first year, the annual service fee is $99. Their interest rates are equally ridiculous.
These are SUB Prime credit cards for folks with little or bad credit ratings. Perhaps you should READ credit agreements BEFORE you apply for credit.
#2 Consumer Comment
AUTHOR: Jeanski - Buffalo (USA)
SUBMITTED: Monday, January 23, 2012
POSTED: Monday, January 23, 2012
Credit One is a subprime lender to help people re-establish credit. Their website clearly states the annual fee, which I believe is spread out over the 12 months. The also have high fees for everything else.
You can choose not to pay them, but once you activated the card you commited yourself to the annual fee. They WILL report this to the credit bureaus and you'll be worse off than you are already.
#3 Consumer Comment
AUTHOR: Jim - Orlando (USA)
SUBMITTED: Tuesday, January 24, 2012
POSTED: Tuesday, January 24, 2012
You act surprised about this fee. There's no reason for a surprise...all fees, charges and interest rates were FULLY DISCLOSED in the paperwork/website which you should have read BEFORE accepting the card! If the fees and charges were NOT to your liking, then you could have not applied for the card! But what you've fully admitted to before the world is you didn't read the agreement BEFORE accepting the card! Smart...real smart!
#4 Consumer Comment
AUTHOR: Steve - (USA)
SUBMITTED: Tuesday, January 24, 2012
POSTED: Tuesday, January 24, 2012
....but in return you get a SWEET interest rate of just 24%! Plus, think of how impressed all those people at the Payday Loans office will be when they see you with your fancy new credit card! Now when you don't have enough money to buy those scratcher tickets you love so much, no problem! Just whip it out! (your credit card that is).
#5 Consumer Comment
AUTHOR: Rick - DANA POINT (United States of America)
SUBMITTED: Tuesday, January 24, 2012
POSTED: Tuesday, January 24, 2012
It's pretty clear that you should have known what you were getting yourself into. If you had good credit, this would be a moot point & you would have qualified for a traditional credit card. If you were smarter and wanted to rebuild your credit history, you would have applied for something like a Capital One Pre-Paid Credit Card, or some other reputable Pre-Paid Credit Card. Clearly, if you're a subprime borrower, you will be charged all kinds of fees and high interest. All of the subprime credit card issuers charge annual fees for their cards. Once you activate the card, the fee is charged.
Again, as you've seen here by other posts, if you don't pay them, your already bad credit will be damaged further. Also, these subprime lenders do not play. They will get a judgement against you & if you actually work, your wages will be garnished + court costs + legal fees. Chalk this up to an ignorant mistake on your part and pay the fee & move on.
Like all the poor folks who signed mortgage agreements & now claim they didn't know what they were signing and have lost their homes, you can't cry wolf once you sign on the dotted line.
#6 Consumer Comment
AUTHOR: Inspector - Tobyhanna (USA)
SUBMITTED: Wednesday, January 25, 2012
POSTED: Wednesday, January 25, 2012
is a ridiculous retard moron that apparently cannot READ english.
#7 Consumer Comment
AUTHOR: Charles - United States (USA)
SUBMITTED: Thursday, January 26, 2012
POSTED: Thursday, January 26, 2012
There is no need for name calling a*holes.
#8 Consumer Comment
AUTHOR: TruthSayer - Montgomery (USA)
SUBMITTED: Friday, January 27, 2012
POSTED: Friday, January 27, 2012
Charlie, anyone who is stupid enough to sign a document without first reading it NEEDS to be "knocked in the head" by something in order to wake them up to the fact that they are doing foolish things. Do you not know this ?? No, of course you don't. Even though people have been trying for YEARS to wake YOU up, you refuse to take heed and are still doing stupid things. WAKE UP, you little cretin.
#9 Consumer Comment
AUTHOR: Steve - (USA)
SUBMITTED: Friday, January 27, 2012
POSTED: Friday, January 27, 2012
While most of us are indeed a mean-spirited bunch, I (and I'd imagine others) really do get frustrated at the number of people that do not realize I how they ruin their own lives through their terrible decisions.
Take the OP, for example. S/he obviously has bad credit, given the card she got. Note how in just this one case, the bad credit cost this person money, in higher fees and interest rates. There are probably many other times this person had to pay more because of bad credit, e.g. when buying a car.
The smart thing to do is to use this new credit card to build up their credit again, by using it VERY sparingly and paying it off each month (this also avoids interest charges). But what does the OP do? S/he says s/he will not pay a dime of the $75, thus RUINING HIS/HER CREDIT EVEN MORE. This drives me nuts, as it is one of the many things that makes poor people poorer.
You know, when many people say that poor people have themselves to blame for being poor, they mean that the poor should work harder. I do not think that is the problem; the problem is that they make poor decisions. Yes, they also usually start off poor, and are at a huge disadvantage; I do not want to minimize that. But if the poor could just stay away from lotto, rent-a-centers, single motherhood (that one is HUGE), payday loans, etc., it would make a huge difference in their lives.
#10 Consumer Comment
AUTHOR: Charles - United States (USA)
SUBMITTED: Friday, January 27, 2012
POSTED: Friday, January 27, 2012
I'm sure y'all have made poor decisions in your past to. So who are you to pass judgement on others.
#11 Consumer Comment
AUTHOR: TruthSayer - Montgomery (USA)
SUBMITTED: Friday, January 27, 2012
POSTED: Friday, January 27, 2012
Why, Chuckles ? Because unlike YOU, we actually know what is going on in the world around us. We don't live in some convoluted dream world like you. And we actually have enough intelligence to give rational, useful advice, unlike YOU, who can only whine, complain and blame others for your own ineptitude and stupidity. Is any of this sinking through that thick skull of yours ??
#12 Consumer Suggestion
AUTHOR: Dawn K - (United States of America)
SUBMITTED: Monday, February 06, 2012
POSTED: Monday, February 06, 2012
I also have a credit card through Credit One Bank. If you had read the application and the informational booklet sent with the card you would know that you will be charged an annual fee each year. This $75.00 charge is your annual fee for the first year. After the first year your annual fee will go up to $99.00 per year and will be charged monthly at $8.25 per month instead of a lump sum. If you had read the application and the flier sent with your card you would have known this.
#13 Consumer Comment
AUTHOR: Midgetlegs - (United States of America)
SUBMITTED: Thursday, March 15, 2012
POSTED: Thursday, March 15, 2012
Listed under fees, it lists a $75 dollar annual membership fee for the first year (introductory period.) After that, the card holder is billed $8.25 a month. It's not a great policy in my opinion, but the fee is clearly listed there.
#14 Consumer Comment
AUTHOR: Ramjet - Somewhere (U.S.A.)
SUBMITTED: Thursday, March 15, 2012
POSTED: Thursday, March 15, 2012
Yes, many of us may have made poor decisions at some point (I have). The difference, however, is that we learned from them, accepted good advice, researched and found out what we did wrong.
Then actually changed our methods to avoid making them again.
How many people here post amazingly poor choices and then get all bent out of shape when someone suggests what they did wrong, how to correct it and how to avoid doing it again.
Most posters seem to just want sympathy and have no desire to actually learn from their experiences and make changes.
Those are the ones who are the most frustrating and just get themselves deeper and deeper in debt and trouble.
How about you?
#15 Consumer Comment
AUTHOR: Ramjet - Somewhere (U.S.A.)
SUBMITTED: Thursday, March 15, 2012
POSTED: Thursday, March 15, 2012
Yes, many of us may have made poor decisions at some point (I have). The difference, however, is that we learned from them, accepted good advice, researched and found out what we did wrong.
Then actually changed our methods to avoid making them again.
My sister who is a bank teller tells me about people who got in trouble at the bank, came in, she explained how to use a check register and how some of the policies really work. Some of them actually take the advice, maybe contact her now and then after that with a question, but change their approach, get control and she doesn't have to see them again. Some people really can learn.
How many people here post amazingly poor choices and then get all bent out of shape when someone suggests what they did wrong, how to correct it and how to avoid doing it again?
Most posters seem to just want sympathy and have no desire to actually learn from their experiences and make changes.
Those are the ones who are the most frustrating and just get themselves deeper and deeper in debt and trouble.
How about you? Yes, you!
#16 Consumer Comment
AUTHOR: Diogenes - Averill Park (USA)
SUBMITTED: Thursday, March 15, 2012
POSTED: Thursday, March 15, 2012
Do you, as
NORMAL INTELLIGENT people, learn from your mistakes and then correct yourself ?? Or, do you just
whine,
blame someone else,
seek pity and then continue on
making mistakes and
ruining your little bit of a "
so-called" life, like the illiterate, lying little
Donkey-boy that you are ??? That's right, Chuckles,
YOU ruin your pathetic little life, no one else.
#17 Consumer Comment
AUTHOR: Lorenzen - Naples (U.S.A.)
SUBMITTED: Friday, March 16, 2012
POSTED: Friday, March 16, 2012
Indeed, Chuckie, that's EXACTLY what you do, and you CAN'T deny it. Your hundreds of posts are filled with lies, whining, and false blaming.
You ruin your life by your own actions, and you have even admitted this fact. Yet you choose to blame the people who post on here of "ruining your life". How ridiculous. How could someone who lives hundreds of miles away from you POSSIBLY have any effect at all on your pitiful little life ?? Please answer this question when you get out of jail this weekend. Jail-bird Donkey-boy.
#18 Consumer Comment
AUTHOR: Ronny g - North hollywood (USA)
SUBMITTED: Friday, March 16, 2012
POSTED: Friday, March 16, 2012
..but honestly in this case the OP screwed up. I get at least 3-4 offers a month for credit cards. I read it and as soon as I see they will charge me ANYTHING more then zero...or if the interest rate is double digit...into the trash it goes with the rest of the junk mail.
Yes...I agree their "terms" are a rip off in every sense of the word..but it is NOT a scam since they fully disclose the terms. And it is not a book or confusing to anyone who can simply read English..they usually explain it all on the back side of the letter. IF there was no disclosure of the fees and interest rate then it should go into the garbage by default.
