I'm looking for comments on theusagoldcard.com They report a $5000.00 line of credit on the three reports even though you can only buy stuff from their website and catalog.
NOTICE TO CARD MEMBER: (A) DO NOT USE THIS CHARGE ACCOUNT BEFORE YOU READ THIS AGREEMENT. (B) THE COST TO ENROLL IN THE USA CREDIT PLAN IS $149.95. JC PENNEYS WILL LET YOU CATALOGUE SHOP FOR FREE!!!!!!!!!!!!!!!!!!
Stay away! I received something similar to this back in December and promptly discarded it. This just a scam that preys on people that are trying to rebuild their credit. Merchandise overpriced and you usually have to pay a downpayment I believe.
I understand that, as a new card member, my card is being issued with No Credit Check or Investigation and, as a result of this, I will be required to make a reasonable down payment towards my merchandise purchases (approximately 20-30%) from USA Shop Smart authorized catalogs and web site until I have...
IF YOU REALLY NEED TO PAY A FEE TO CATALOGUE SHOP...SEND ME $25.00 WITH YOUR NAME AND ADDRESS, AND I WILL "NEXT DAY AIR" YOU A JC PENNEYS CATALOGUE.