Really Bad Credit Credit Card, is it possible?
I have a vague memory that I heard of a credit card that is one of the
worst rip-offs I've ever heard of. Not only was the interest rate
through the roof, but that the company legally loaned the full credit
limit to the consumer upon opening the account. So that even though the
customer hadn't spent anything, they started paying interest on the
full amount of the credit limit immediately.
Does such a card exist, or was it all a bad dream?
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