Just got my 1st preapproved cc offer...

[liz417]

from 1st Premier Bank and I'm not even discharged yet! Their motto is "we know that bad things happen to good people"...

Okay, the terms:

-19% interest rate (not as bad as I thought it would be) goes up if late
-$250 credit limit.....but there are some "charges" deducted from the card:
*$95 Program Fee
*$29 Set up Fee
*$48 Annual Fee
*$7 Monthly Service Fee
*$20 additional card for hubby
-------------------------------------
Total available credit: $51

Oh, then there's "other fees"
$25 for a credit increase (they will review every 3 months)
$3.95 internet access fee
$11.00 auto draft
$7 to pay online

For someone who kept a 780 credit score and had 4.99-9.99% on credit cards throughout the years, this is hard to swallow....I guess I better get used to it....

[music12]

yeah, got the same one. i also had a very high fico, interest rates were always 0%. so i just laughed at this and put it away. just remember it means absolutely nothing about who you are.

[liz417]

yeah, got the same one. i also had a very high fico, interest rates were always 0%. so i just laughed at this and put it away. just remember it means absolutely nothing about who you are.

Thanks! Yes, I've got to remember that I just worry that when i go to refinance my home (if and when) or purchase another vehicle, will I always get 2nd rate loans because of my "bk history"?

[albacore44]

Just shred it and get a pre-pay visa at Walmart. they are actually pretty nice

[music12]

Thanks! Yes, I've got to remember that I just worry that when i go to refinance my home (if and when) or purchase another vehicle, will I always get 2nd rate loans because of my "bk history"?

they say it takes a couple of years but is not so bad after.

i am personally so far from buying a home or car that i don't even think about it. i do dream about it, though, especially having my own home. gosh, that would be nice.

[StartingOver08]

Liz, got that same offer. If you keep throwing those away, eventually First Premier will send you one that says zero interest for the first year...LOL

[TEW]

I get those offers also.
I just toss them in the trash I don't need any plastic to live on.

[aces67]

Thanks! Yes, I've got to remember that I just worry that when i go to refinance my home (if and when) or purchase another vehicle, will I always get 2nd rate loans because of my "bk history"?

My cousin's filed Ch 7 and 2 years later they bought a home. The loan was for $100K and the interest rate was 9%.

While that is a little high I didn't think it was all that bad.

[frogger]

from 1st Premier Bank and I'm not even discharged yet! Their motto is "we know that bad things happen to good people"...

Okay, the terms:

-19% interest rate (not as bad as I thought it would be) goes up if late
-$250 credit limit.....but there are some "charges" deducted from the card:
*$95 Program Fee
*$29 Set up Fee
*$48 Annual Fee
*$7 Monthly Service Fee
*$20 additional card for hubby
-------------------------------------
Total available credit: $51

Oh, then there's "other fees"
$25 for a credit increase (they will review every 3 months)
$3.95 internet access fee
$11.00 auto draft
$7 to pay online

For someone who kept a 780 credit score and had 4.99-9.99% on credit cards throughout the years, this is hard to swallow....I guess I better get used to it....

Preapproved to try to get you back into the same boatload of crap that you just got out of. As was said above, the Wally-World prepaid or just use a debit card. I won't be paying $250 in fees for $50 worth of credit.

[Floridagail]

I got a orchard card 300 cl and 59 annual fee. That is all I need to rent a car. I keep it zero balance. I went directly to the web site and applied. I too want nomore cc debts.

[mike258]

I got the same offer in the mail yesterday and threw it in the trash.

The only reason why I need a credit card is to rent a car, but I'm going to get a secured account.

[liz417]

I get those offers also.
I just toss them in the trash I don't need any plastic to live on.

I agree, I've lived without a credit card for over a year (who would have thought?) and it's been fine. Some weeks are "tight", but all in all, it's been great! I don't need another credit card at this time, I'm over it. I just thought it was funny to get an preapproved application BEFORE I am discharged... and the rates/fees...absolutely crazy!

[mynextlife]

Wow, they must have sent out a mass mailing yesterday because me and DH got the same offer from First Premier. Looking at all the fees made us laugh because we pictured someone with a "pimp" hat on in a cadillac (with a big thug bodyguard)....thinking back to a Good Times scenario....saying we are going to give you $300 but we want $600 back! The fees are ridiculous ...we shredded them and tossed into file 13!

[OhioFiler]

from 1st Premier Bank and I'm not even discharged yet! Their motto is "we know that bad things happen to good people"...

Okay, the terms:

-19% interest rate (not as bad as I thought it would be) goes up if late
-$250 credit limit.....but there are some "charges" deducted from the card:
*$95 Program Fee
*$29 Set up Fee
*$48 Annual Fee
*$7 Monthly Service Fee
*$20 additional card for hubby
-------------------------------------
Total available credit: $51

Oh, then there's "other fees"
$25 for a credit increase (they will review every 3 months)
$3.95 internet access fee
$11.00 auto draft
$7 to pay online

For someone who kept a 780 credit score and had 4.99-9.99% on credit cards throughout the years, this is hard to swallow....I guess I better get used to it....

They sure do know bad things happen to good people as they are complicit charging those horrendous fees!

[Logan]

Thanks! Yes, I've got to remember that I just worry that when i go to refinance my home (if and when) or purchase another vehicle, will I always get 2nd rate loans because of my "bk history"?

After 2 years from Ch.7 you qualify for an FHA loan which is NOT a second rate loan. I'm working on getting a loan with under 2 years with a rate under 5%. I am buying the rate down a couple of points otherwise I would be in the low 5's.

Logan