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No FICO Required Credit Cards

 
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May 28, 2009 11:58 AM ET    Quote  Report Abuse
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Has any anyone had any experience with teh No FICO required high credit limit credit card offers I am seeing on the net? 

May 29, 2009 11:22 AM ET    Quote  Report Abuse
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No deposits it is unsecured.  It does have an arrangement fee to be paid after you receive the card, says you can pay it with the line.  Credit lines are from $50k - $90K.

 

May 29, 2009 11:58 AM ET    Quote  Report Abuse
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Never seen them anywhere... can you give me a link to one?  I would love to see what the catch is..


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"Entrepeneurship is living a few years of your life like most people won`t, so that you can spend the rest of your life like most people can`t..."
skysthelimit

posts: 20

May 29, 2009 12:09 PM ET    Quote  Report Abuse
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Hi,

I am very interested in one of these cards.  I know they seem to good to be true, but it makes sense.  I asked this one company how they were able to offer such a card....they replied, that these cards are backed by aged shelf corps with established lines of credit and the company is simply acting as the co-signer on the card.  Has anyone come across one that does not have an upfront fee.  I am aware they are they charge 10-15K on the backend, but I get leary of upfront fees.  Any help would be appreciated. thx
May 29, 2009 12:18 PM ET    Quote  Report Abuse
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The one I have seen, charges a small upfront processing fee after your approved, but you can pay by credit card via their merchant account (not PayPal), so you have charge back protection.
lizmcreations

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May 29, 2009 2:24 PM ET    Quote  Report Abuse
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I am interested in any information that anyone has for no FICO credit cards. 

Has anyone received one?  I`m looking into this and I`d appreciate any information that anyone might have.

Thank you,

Elizabeth Martinez

May 29, 2009 4:04 PM ET    Quote  Report Abuse
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Anyone that is interested in information can PM me and I will send what I have.

lizmcreations

posts: 5

Jun 01, 2009 12:18 PM ET    Quote  Report Abuse
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Anyone that is interested in information can PM me and I will send what I have.




I PM`d you - but I haven`t heard from you -- can you send me the information that you have?

Thank you,

Liz Martinez
skysthelimit

posts: 20

Jun 03, 2009 3:23 PM ET    Quote  Report Abuse
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Hi South East Partners,

I am interested.  Can you please send me the information that you have.  You can email me directly at temperancej@hotmail.com

Also- I was heard of a company called the London Exchange from two separate folks and it sounds like they are reputable group.  I can`t vouch for them for sure since I`ve never personally used them.  They are the no fico score credit cards with a $500 upfront fee.

I hope this helps.  I look forward to hearing back from you.
skysthelimit

posts: 20

Jun 03, 2009 3:24 PM ET    Quote  Report Abuse
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Hi SouthEastPartners,

Can you please email me what you have at temperancej@hotmail.com

Thanks-
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