Premier Credit Solutions
3/20, 89 Commercial Road, Bournemouth, BH2 5RR
I received the letter with the information that I have been accepted for credit card service. What do I have to do is; fill the form which was enclosured and send it back (freepost). But there is also Application set-up fee £44.99. Everything seems to be ok but in the past I paid fees to some financial companies and I lost the money. I need advice in this case.
2007-01-18 08:21:10 · 5 answers · asked by madremedy 1 in Business & Finance ➔ Credit
Speak to local trading standards and see if they've had any dealings with them. Also, are they a member of the FSA (financial services authority) If so they will have to follow a code of practise. Read the small print to see if you get a refund if your not accepted on the application form.
2007-01-18 08:47:22 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I don't know how these things work in the UK but here in the US they are a bad idea. Anything you have to pay a set-up fee for is usually a scam. I'd avoid them if I were you.
Good luck!
http://www.personalfinance101.org/?utm_source=YH&utm_medium=link
2007-01-18 08:30:50 · answer #2 · answered by personal_finance_101 3 · 0⤊ 0⤋
a fee to set something up mmmmmmmm amex dont charge neither do barclay card or your bank
so can you trust them i doubt if their rates are trust worthy
2007-01-18 08:28:57 · answer #3 · answered by toon_tigger 5 · 0⤊ 0⤋
don't do it, they'll rip you off and you probably won't even get a card. I f you do it will be at a very very high rate
2007-01-18 12:26:36 · answer #4 · answered by Mrs Captain 2 · 0⤊ 0⤋
i personally wouldn't trust any company who want money up front for credit cards
so i would say don't go for it
2007-01-18 08:27:28 · answer #5 · answered by me 5 · 0⤊ 1⤋