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Bankruptcy

: Credit Slips

The 79.9% APR Credit Card

By Adam Levitin

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A while back I blogged about a 79.9% APR credit card offer from First Premier, a subprime card issuer. The point I made in that post was that although the APR was off-the-charts high, it was basically an equivalent pricing to First Premier's other cards, which had lower APRs, but much higher fees.  At the time I did that post, I wasn't able to find a copy of the cardholder agreement for the 79.9% APR card. But thanks to the Credit CARD Act and the Federal Reserve, here it is in all of its glory.

 

Full post as published by Credit Slips on October 03, 2010 (boomark / email).

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