79.9% APR Credit Card = loanshark IMO

TurkeyWithaSunburn

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And you thought YOUR credit card rate was high!! :eek:

The Associated Press: Credit card's newest trick: 79.9 percent interest
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No, You're Reading That Right | NBC San Diego
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:rant: :soapbox:
I'd get a root canal before I dealt with these shysters. OK so it's First Premier the infamous $300 limit card that has $256 in fees right off the bat. Seriously something is wrong when a bank can set an APR of that. How much are loan sharks charging now a days?

I seriously wonder how many people received this offer. It seems as if it was a select mailing to certain cardholders. So they are subprime, doesn't mean you should financially rape someone.

So much for that Bible verse against usury.:rolleyes: