There is one more company that needs the high-profile attention this website's reports offer. There is a company that is marketing a debit card called Wired plastic. Sadly, their marketing partners seen to think a debit card builds credit. It does not... Cannot. This claim is repeated with frequency and is the almost exaxtly the same on all the websites telling us of it's true source, even though I'm sure the company will deny it.
True... They do not say the card reports to credit bureaus like so many ads on their partners do, but they do claim in their frequently asked questions that it is "better than a secured credit card". Nothing could be further from the truth. Don't fall for this people! The fees are really absurd for this... And it's just not worth it. The FTC and the UTAH AG have been informed about this and hopefully will take action on it just like they did with another "sister" Amerione card which was doing the same thing. Awwww... It's "No longer available on the internet". Gosh darn. I may weep openly.
Bryon
Consumer advocate
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