Complaint / Review
Credit One Bank
Pre-Approved $1,500 Offer Cut to $300 Line With Fee

Bank offers Prospects a "Pre-Approved" line of credit "up to" $1,500. Rarely are the Prospects approved to the limit but rather the lowest minimum credit line of $300. With a $75.00 Annual Membership Fee which brings the total credit line down to $225.00. Furthermore Credit One Bank re-runs your credit on a ambiguous and not typically used credit scoring format which then prohibits many Prospects from obtaining the stated "Pre-Approved" offer. This company is a sham. It is interesting to know that the information you provide is also given to other Collection Agencies (typically located in Nevada as well) as a way to gain additional revenue. Prospect Beware!