Ok here's a strange one. My credit is in rehabilitation. I discharged about 15,000 left over from college in a B.K. 3 years ago. On Thursday I got a preapproved line of credit 10,000 at 12% to buy their merchandise. Ok, we know it's crooked. Just mail in the $29.95 fee to activate. Terms & conditions to be forthcoming. Now, we are sure it's crooked!!! Could this be a front for one of the 4 credic card comapnies I blew off in the B.K. As in sign here and your old mastercard bill reappears due and payable? Any comments. i still only make 30,000 a year. A 10,000 line of credit sounds awfully high even for their probably crummy merchandize. Or am I parinoid or not?
It's a SCAM! Your not being paranoid bro! Creditcorp does not offer an actual credit card. They offer credit to purchase from their *very overpriced* catalog! You can only purchase from them. Not from regular stores. Ditch the offer! (I did) It's a scam! chet
It isn't Credit It isn't credit because it isn't sufficient by itself to buy anything. A copayment is required as well.