I received a letter from UWCS yesterday and almost threw it away as I do with most credit offers I HAVEN'T APPLIED TO. Then decided to have a look at it. There were several red flags.
1. I did not apply to this company
2. Wanted money up front.
3. Did not lay out interest, finance charges in letter which usually means there's at least one other part to the process. (When they reveal the actual terms)
4. The letter states... Not to be construed to function as any type of multi - purpose credit card and is EXCLUSIVELY applicable for credit purchases from UWCS.
0 comments