Emblem credit card a ripoff or not?

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
13 posts
JessicaWSJ
 
Posts: 2
Joined: Wed Nov 30, 2011 7:15 pm
Location: New York/New York

Postby JessicaWSJ » Wed Nov 30, 2011 7:18 pm

I am a reporter with the Wall Street Journal. I am interested in speaking to anyone who signed up for an Emblem Card. I'd like to interview you whether your experience was good or bad. Please contact me at (212) 416-2665 or via email at Jessica.Silver-Greenberg@wsj.com.


JessicaWSJ
 
Posts: 2
Joined: Wed Nov 30, 2011 7:15 pm
Location: New York/New York

Postby JessicaWSJ » Wed Nov 30, 2011 7:19 pm

Hi Tbone91125,
I mentioned in the more general post, I am a reporter with the Wall Street Journal and I am working on an article about these balance transfer credit cards. I would very much like to hear more about your experience. Please call me at (212) 416-2665 or email me at jessica.silver-greenberg@wsj.com

njb777
 
Posts: 1
Joined: Wed Jan 02, 2013 6:57 pm
Location: USA

not a ripoff, read the policy

Postby njb777 » Wed Jan 02, 2013 7:08 pm

As a customer service representative who works with Emblem Card customers everyday, I would have to say that the only problem with the card is that people don't read the policies.

I can honestly say, yes, this is a legitimate company. It is up to the cardholders to keep up with their monthly minimum payments and then we will keep reporting to the credit bureaus. The credit limits are small, but many people love this because they have had issues in the past paying off large amounts of debt. Plus, paying off that smaller amount monthly shows well on your credit score.

The only way to get this card is to get an offer from Jefferson Capital themselves. They obtain old debts and send offers for the Fresh Start Solutions Program in which you make a few payments towards your debt depending on the amount of the debt, and then they will send out your Emblem Card. It's pretty simple and I personally do not have a credit card at all, but as long as you read the the policies that you are sent with the card, you should be just fine :)



Return to “Finance Charges & APR Compare”

Who is online

Users browsing this forum: No registered users and 0 guests