Iceaxe
09-10-2007, 07:35 PM
Golb at Money, Matter, and More Musings has located the worst credit card in the world. It is designed to prey on subprime borrowers who, sadly, cannot get a better card...
Meet the Continental Finance MasterCard. After all the fees have been collected, it has a credit limit of $53.
* Account setup fee: $99
* Program participation fee: $89
* Annual fee: $49
* Account maintenance fee: $120 (charged @ $10/month)
* Purchase APR: 19.92%
* Authorized user fee: $30 (great! seems like $53 credit is a bit too much for a single person to handle)
* Credit limit increase fee: $25 (and you don't even have to ask for it!)
* Internet payment fee: $4 for each authorized internet payment.
Linky (http://consumerist.com/consumer/danger-will-robinson/the-worlds-worst-credit-card-296994.php)
:popcorn:
Meet the Continental Finance MasterCard. After all the fees have been collected, it has a credit limit of $53.
* Account setup fee: $99
* Program participation fee: $89
* Annual fee: $49
* Account maintenance fee: $120 (charged @ $10/month)
* Purchase APR: 19.92%
* Authorized user fee: $30 (great! seems like $53 credit is a bit too much for a single person to handle)
* Credit limit increase fee: $25 (and you don't even have to ask for it!)
* Internet payment fee: $4 for each authorized internet payment.
Linky (http://consumerist.com/consumer/danger-will-robinson/the-worlds-worst-credit-card-296994.php)
:popcorn: