So, my Mom and her husband are bad...really bad..with money. I have taken over their finances, and am rebuilding their credit. As such, I am 'buying' credit with secured/high interest cards (Cap 1 Secured, Credit 1, 1st Premier)
Yesterday, when I went to log in and pay Mom's account with Credit One ($300 limit) it says "Due to your good credit habits, you are approved for a credit limit increase to $500!" Well yay, progress, right?
Then you keep reading... "To accept your $200 credit limit increase, there will be a one time charge of only $24.99. Click here!"
I chose to accept it, because it will ultimately help them, but they keep coming up with new was to make money off desperate people. (yes, I know, they got themselves into this position.) Just wanted to give other people rebuilding a heads up.
Submitted October 18, 2017 at 04:02PM by ThrowawayTink2 http://ift.tt/2zj0t6p
