Rotten Credit Cards, Part 2.
How about this card:
- First, you send the credit card company $100 in fees.
- Then they send you a credit card. The card has a shiny MasterCard logo!
- But you can't charge on it
Oh, do you want to charge on this card? Here's how it works:
You can't charge money on it unless you send them in advance the amount you want to charge!
Do you get that?
- They charge you $100.
- Then, if you send them $50, they will let you charge $50.
And if you don't send them money in advance?
You can't charge anything.