I have been recently contacted by Global Financial about receiving a credit card from them. The have stated that they are a credit restoration company and that I will be able to fix blemishes on my credit by "purchasing" their card. Does anyone know if this is a reputable company or should I pass on their offer?
So what are the particulars of the offer such as the type of card (Visa/Mastercard), secured or unsecured, annual percentage rate (interest rate)? Are there annual/monthly/weekly/daily fees associated with this card? What will the credit limit be? Are you also aware that some collection agencies are now masquerading their colleciton activities with 'Credit Card' offers that are simply veiled attempts to get you to reaffirm a debt you owe! Ask yourself this, if the product is so good, then why does the company have $6.00/hour telemarketers bothering you at home to apply? Michael
They offered a MC, no fees and no interest rate (this is the part that set my alarms off) with a credit limit of 1000. Always believed if it sounds too good to be true ...
you could go to ripoffreport.com and read the 49 complaints listed against them. http://www.ripoffreport.com/results...rchtype=0&submit2=Search!&q5=global+financial they respond to BBB complaints only it seems. The fact that they have 89 just this year and there is a mention of the consumer affairs office and what you get is a scam. Global Financial, Inc. 2625 Piedmont Road Suite 310 Atlanta, GA 30324 General Information Principal : Mr. Steve Smith Customer Contact: Ms. Lacy Jones Director of Customer Service Phone Number: (866) 411-4466 Fax Number: (770) 225-0246 Type-of-Business Classification: Credit Card-Offers & Plans The information in this report has either been provided by the company, or has been compiled by the Bureau from other sources. Customer Experience In this case, our complaint history for this company shows the business has responded to any customer complaints brought to its attention by the Bureau, As of March 26, 2003, any consumer wanting to file a complaint against this firm may contact the Georgia Office of Consumer Affairs. Their telephone number is 404-651-8600. When evaluating complaint information, please consider the company's size and volume of business. The number of complaints filed against the company may not be as important as the type of complaints and how the company handled them. Closed Complaints Number of complaints processed by the BBB since the firm's BBB file was opened in August of 2002: 89 Number of complaints processed by the BBB in last 12 months: 89 Complaints Concerned Sales Issues: 6 Outcome of all complaints - Resolved: 6 Delivery Issues: 18 Outcome of all complaints - Resolved: 15; Company made good faith effort to Resolve: 3 Guarantee or Warranty Issues: 1 Outcome of the complaint - Resolved: 1 Refund or Exchange Issues: 52 Outcome of all complaints - Resolved: 42; Company made good faith effort to Resolve: 10 Contract Issues: 2 Outcome of all complaints - Resolved: 2 Customer Service Issues: 3 Outcome of all complaints - Resolved: 3 Credit or Billing Issues: 7 Outcome of all complaints - Resolved: 6; Company made good faith effort to Resolve: 1
Thank you very much for the info, I am glad I begged off some time claiming had to discuss it with the wife before commiting. Your helpful link let me know my suspicions were legitimate. Thanks again.
