Why won't you Cash one??? I use to get the same numbers, every time it came with diffrent amount and cents, I guess they do their own calculations based on one's credit profile, just wait till the pre-approved amount goes up and if you like cash. All I did was took it to my bank and deposit it, no questions ask, but there was a problem, two weeks later I still had all the money in my bank, i was like whaaaaa, so that month pass by and i get a statement from Beneficial Finance saying your minimun payment is $ 200.00 I was like NOOOOOOOOOOOOOO LOL so I called them and told them that I tought I was just going to open the account and have that money available they said yes, you have all teh money lol, I told the ladie I don't want it...she stayed quiet, she said it's a Line of Credit I told her no kiddin that why I opened it, so what I did I wrote a personal check and took to their office a minimun payment of $ 6,500.00 . Now all I have to do is write check for what I want and pay only for the amount I use! Be careful Becasue Beneficial has in fine print, YOU HAVE TO MAKE A CHECK AT LEAST FOR $ 100.00 UP Anything below $100.00 they will not pay!
Oh, I'm sure the check is good. It isn't that. It is just the interest rate is outrageous. If I didn;t have other accounts I would gladly take it but fortunately I have a sizable amout of open credit on several accounts and some of them are with very very low interest rates so at this point in my credit life it wouldnt make any sense for me to deal with them.
YEP, YOU GOT A POINT....AFTER OPENING MY BENEFICIAL CREDIT LINE, I SEARCH ONLINE AND FOUND TONS AND TONS OF PROBLEMS WITH BENEFICIAL FINANCE! READ THIS SITE, LINK IS BELOW; http://www.acorn.org http://www.acorn.org/acorn10/household/articles/household_sends_live_checks_through_mail.html HAVE FUN READING....AFTER I READ THIS, I WENT AND THREW UP LOL.
I just called my local Beneficial Finance Office, wow they have rude Service, I even asked for a Manager and still rude service, I ask for their corporate Telephone Number and address, he told me all complaints have to go threw him LOL this guy is nuts! All I needed was account information duhhh. =( I Guess that's how they treat new customer in the begining LOL.
Ya know, I mentioned earlier they refi'd me at 5%, and I've never had a problem with them. I read your articles, and things started clicking. I originally dismissed them - chalked it up to them being idiots: When I went in to sign the papers (they had told me 5% on the phone)...they were written at 26.74%. They also had me buying Credit Life. When I refused to sign, they redid the papers (hope we can still get that rate - they told me). I had on my poker face. Then the Credit Life came up--they said do you want to leave your kids with debt if you die? My reply - if I die, try and collect from an 8 yr old! Puleeeez they aren't liable for my debts - just my estate. Do you really think I have one given the fact I am on the edge of BK? (OK - I do have reg Life Insurance that will protect my kids)
