I recently received an offer from Credicorp Inc. for a Visa Gold card. I was pre-approved and needed only to send the annual fee of 29.95 which I sent to them right away. They received my check and posted it and I have already gotten back the cancelled check. The check was posted on 6/26. Today is 7/7 and I still haven't received the card I was approved for. Has anyone even heard of this company? Do they normally take this long to process the account? Or is this some type of scam?
Better use the search tool here to look them up before you start getting nasty responses. The card is a scam, your credit is only good with their merchandise items that are way over priced. Use the search and you will find enough information to answer all your questions.
RE: Credicorp Inc. NOT A VISA! Yes, use the search option on this board, Lots of info on them, I'm sorry to tell you this but this is not a Visa or any other type of credit card, you can only use the card to buy from their over priced catalog. A.F. ----------------- Free Credit Repair Information. http://www.Creditinsiders.com
RE: Anybody got a spare Atomic You know I examined the Credicorp mailgram from top to bottom, back to front and yet unable to come across the word Visa nor see its emblam anywhere. Deciding that even though all the words are capitalized I must be missing something, so proceeded to put on my glasses but to no avail. Thinking, "it must be here somewhere" Douglas Whitaker has stated this is so. So I took out my trusty magnifying glass, looking...examining...searching... where can it be, I stopped when the sun hit the angle of the glass and the paper threatened to ignite. Disappointed, but not undaunted, if 1000's of individuals could see this and go to the effort of posting so on Credinet BBS then so could I! Time to get out the heavy artillary, in this I enlisted the help of cousin sqaregeek and he brought over his moleculer microscope. Redoubling my efffort I determined to gut it out to the very end I swore I would find that elusive Visa wording/emblam no matter how long it took. Minutes turned into hours finally into days whereupon I was finally visted by visions, was success finally at hand?! One of the visions showed the heads of the 3 CRA's, hands outraised in the peace signs and all as one saying "we are not crooks" in another a message appeared saying if I turned the words Cross Country Bank around it would be First Bank of Mafia, the final vision was of a nude Janet Reno beckoning me on salaciously AAAAGGGGGHHH! in a start I removed my eyes from the microscope defeated! Why I ask, why can so many others see what I cannot. Why can I not decipher this code. Are these lucky individuals born with a sixth sense that brings forth this information the moment they glance upon the page. CAN SOMEBODY TELL ME WHY!!!
RE: Anybody got a spare Atomic The words "Gold Card" to most people (who are not as worldly as you)refers to a Visa card. If "you" would scan the search area for Credicorp you would see that the majority of the inquiries make the same assumption. I think Credicorp's whole scheme is based on people making that mistake, they don't actually call it a Visa so they are technically not defrauding the public.
ITS A RIPOFF http://www.bbb.org/alerts/credicorp.asp check this out AND SEE THAT CREDICORP is not a credit card Kathie wrote: ------------------------------- Better use the search tool here to look them up before you start getting nasty responses. The card is a scam, your credit is only good with their merchandise items that are way over priced. Use the search and you will find enough information to answer all your questions.
hey doug http://www.bbb.org/alerts/credicorp.asp..check it out Douglas Whitaker wrote: ------------------------------- I recently received an offer from Credicorp Inc. for a Visa Gold card. I was pre-approved and needed only to send the annual fee of 29.95 which I sent to them right away. They received my check and posted it and I have already gotten back the cancelled check. The check was posted on 6/26. Today is 7/7 and I still haven't received the card I was approved for. Has anyone even heard of this company? Do they normally take this long to process the account? Or is this some type of scam?
RE: GOLD CARD DOES NOT EQUATE "The words "Gold Card" to most people refers to a Visa card." Why is that? Why not MasterCard or AMEX or Discover? Is the reason all these persons make this "assumption" is because they don't spent two seconds reading past the "pre-approved" part in their rush to sign and send away their money. Many reps, especially from the direputable sub-prime companies, come on here and rightly lay the 'smackdown' on all these individuals, stating emphatically "if you losers are too lazy and stupid to read the fine print in your rush to charge it you get what you deserve" "now pay your bills you deadbeats" BUT, in Credicorp's case its all LARGE PRINT, with the line across from ACCOUNT STATUS: PRE-APPROVED BANK AFFLIATION: NONE Hmm no bank affiliation, I wonder which part of that "NONE" they fail to comprehend. What you think of 'worldly' I see as common sense, in the years when I had absolutely no credit and never ventured on any credit site, I still received various "pre-approved" offers some of which I called on their toll-free number to inquire about the specs, of course that option is not there with Credicorp which tells you something right there. When you look right at it, $30 is a cheap lesson for many, mayhaps some of whom will learn not to jump to sign the next dubious offer that arrives at their mailbox.
Got the offer in the mail yesterday. Seems I was pre-approve for $10,000!! Reading on I saw that there was no bank affiliation. On the very bottom there's a cryptic sentence to the effect that if you don't want to keep getting these creadit offers, etc. to cal an 800# for TRANSUNION! - a credit reporting agency!!! That's when it hit the wastepaper basket.
RE: GOLD CARD DOES NOT EQUATE Actually, Creditcorp just had to add that by law within the past year or two. I still have an ad from them from 1996 where they print in bold large letters GOLD CREDIT CARD $10,000 LIMIT.
RE: GOLD CARD DOES NOT EQUATE So, whats the difference, before or now the Credicorp flimsy piece of paper card is STILL a "credit card", same as Sears, Target or an AMEX Centurian for that matter, a company can call it a Gold/Platinum/Uranuim or Baloniam the plain fact of the matter is there is nowhere, either past or present, where the words Visa credit card have been stated or even implied, if people insist on deluding themselves then they should consider themselves lucky they were only taken for $30 by their ignorance and rashness. Where the misrepresentation was and they were forced to remedy were adding statements such as: No bank affliation the credit limit being "valid exclusively towards all credit purchases from credit provider" or "credit is only valid for catalog purchases" Other catalog and retail companies have similar language. Moreover, I noticed that some of the newer mailings have specified which lowlife CRA they purchased the header information from and how to opt out. What still SUCKS, is the statement "Full details of your membership benefits will be included with your new gold card", basically asking you to purchase a 'pig in poke'. Any company that is unwilling to disclose full details when attempting to solicit you I would stay far far away from.
RE: GOLD CARD DOES NOT EQUATE Steve you've got to lighten up on folks. This site is supposed to be friendly and if someone asks what you think is a stupid question let it go. Whether someone thinks of a Gold Card as a Visa, Mastercard, or AMEX doesn't matter. The fraud is that they believe it has the same currency and can be used as such. Not everyone, me included, always reads the fine print legaleeze, which is why it is written that way. If they wanted people to know the truth they'd be up front with it. Also, many people who stumble on to these boards do so for the first time, or at the very least are not very unfamiliar with how search tools work. You obviously are a computer expert, we get it. Can you try to be a little nicer?
RE: GOLD CARD DOES NOT EQUATE "Whether someone thinks of a Gold Card as a Visa, Mastercard, or AMEX doesn't matter. The fraud is that they believe it has the same currency and can be used as such." What fraud? I see no fraud here, all because any number of people "believe it so" does not make that fact. As I explained to Jon, nowhere are the words Visa either written or implied. Thus have no right to complain afterwards. "Not everyone, me included, always reads the fine print legaleeze, which is why it is written that way" You would have a point IF this was any number of companies that fill some pages with legalese in small, unreadable type..but..BUT as far as the Credicorp mailgram is concerned its but half a page, all type is in easy to read capitals including the only two pertinent facts No bank affiliation Credit limit valid exclusively toward all credit purchases from credit provider. Who is the credit provider, first line top left Credicorp Inc. I will repeat, whether it be Credicorp or the most premium of creditors you will receive no sympathy or MERCY from any of them if you have not read the terms and conditions (boards like this are great for those to post a question such as "I have my XYZ credit card application in front of me but I cannot make sense of this or that paragraph", I have little doubt the individual will receive an informed response) and as I stated in my previous post you know very well what their opinion on the matter is. When it comes right down to it I've only come across one post that intelligently asks "whats the catch" (to all "pre-approved" catalog offers), answer: highly inflated prices with a required deposit which usually matches the actual price that the company has purchased it for. While with any retail merchant card you can purchase up to your credit limit with no deposit or questions asked. BTW, if my former "career" of being a software pirate makes me a computer "expert" than I'm flattered
RE: GOLD CARD DOES NOT EQUATE Hi Kathie, I just wanted to chime in with you on this topic. This board survives by people doing searches and arriving from Alta Vista, Yahoo and other search engines. They end up on this board and are excited about getting information from people who share common experiences. People think they've arrived at a place where they can ask a question & get a symathetic, thoughtful answer. I'm sure not everyone has equal sophistication in reading the fine print and determining the difference between good and bad deals - that's why they come here! And it's certainly possible that people new to this board have answers that none of the veterans have. I certainly hope so, since I've posted several times with absolutely no response.
RE: GOLD CARD DOES NOT EQUATE TC Remember in school how there was always one person who just had to be heard and argued with the teacher regardless of whether they were right or not? Well, message boards are the same type of environment. There will always be the contrarian. For the most part people here are very helpful and I have learned a lot, keep checking in and shrug off the occasional grouch
Read the invitation (offer) again that you received from them and see whether the word VISA appears on it. You may have assumed that it was a VISA card. CREDITCORP appears to issue its own card, but it is not a VISA card. It is a card signifying that you have credit privileges with them and you can purchase items from their catalogue. Douglas Whitaker wrote: ------------------------------- I recently received an offer from Credicorp Inc. for a Visa Gold card. I was pre-approved and needed only to send the annual fee of 29.95 which I sent to them right away. They received my check and posted it and I have already gotten back the cancelled check. The check was posted on 6/26. Today is 7/7 and I still haven't received the card I was approved for. Has anyone even heard of this company? Do they normally take this long to process the account? Or is this some type of scam?
