Complaint / Review
Platinum Small Business Alliance, psbaonline.com
[email protected]> credit card ripoff, con job, deception, non-refundable not made clear over phone

Ipoff that says $200 total fees for $8000 credit line, then you get popped for over $400 total in the first year according to terms not divulged until you press the submit button. There was a Non-refundable submission fee listed in the term, but after sending them an email to get them to respond with a phone number to call, I then called them immediately and was told no problem, that I would not be billed for anything. Then it began Ten days later that they charged my check card for the total initial fee of $149.95, and I called my bank to have them begin proceedings to dispute the charge. The money is not there to cover it and I am on a fixed income and even though I could have transferred from my savings to cover it, I refuse to do so. They will not get ine red cent out of me. These people should be forced out of business for these kinds of practices.By contrast, I applied for a credit card with First Premier Bank and was granted a credit line of $300 for a total of about $160 that would be carried on the account, NO MONEY UP FRONT, just a checking account was needed to confirm financial status with no credit checks, which is exactly what I needed to begin re-establishing me credit after filing for chapter 7 recently. I even called them to ask about their credit account protection plan, which by the way would pay off all balances incurred during a time of emrgency illness and loss of work, and I found out that they grant credit increase whenever requested for a fee of $25, which would bring my credit line up to $400 or $500, and they have a straight across the board policy of $20/month payments. It's not much in the way of credit, but the payments I can handle.By the way, This whole thing began when I googled even with bad credit, which brought up a page with various offers all with similar terms, not much up front, but press submit, and all of a sudden your being charged over $400 over the following month, not year, bu in the first month! Stay away from these ripoffs! Oh, and this card can only be used for a portion of a purchase at [email protected]