Continental Finance credit card reviews? Is it a scam?

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Wip
 
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Continental Finance credit card reviews? Is it a scam?

Postby Wip » Mon Apr 29, 2013 1:05 pm

I have been reading up on the credit cards from Continental Finance, the reviews and what not, and am wondering everyone's thoughts on it.

I see they have 2 different credit cards.

(1) Cerulean - $75 annual fee, starting on year 2 is also a $12 per month maintenance fee. 29.99% APR.

(2) Matrix - appears to be same as above unless I'm missing something??

I know both of the Continental Finance cards are expensive but for someone with bad credit is it worth paying for one? Aren't you going to pay high fees wherever you turn?


nvtech
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Postby nvtech » Mon Apr 29, 2013 4:37 pm

Its better if you go with some secured credit cards offered by Bank of america or US Bank or any other bank.

Wip
 
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Joined: Mon Apr 29, 2013 12:58 pm
Location: Los Angeles

Postby Wip » Mon Apr 29, 2013 6:44 pm

The only thing I liked about the Continental Finance credit card was that it is unsecured.

Will a secured card look just as good on my credit report though? Like will it say "XX Bank Secured Mastercard" on my report? Or will it just look the same as an unsecured credit card? I don't want people who view my report to know that an account is secured.

mdl28
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Postby mdl28 » Mon Apr 29, 2013 7:01 pm

If you have at least a credit score of 580-620, you will more than likely be accepted for a capital one card. It will be a low limit ($300) but will not charge you right away for annual membership, processing, etc... Unlike the continental finance card which will also give you a low 300CL but will charge you up front fees leaving you with 200 or less in credit. So try capital one first, they even have a pre approved area on their website to see what you may qualify for.

Good luck on your road back to credit worthiness
[cap one card finder].[/cap one card finder]
MDL

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mdl28
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Postby mdl28 » Mon Apr 29, 2013 11:40 pm

also try Card Match at CreditCards.com, look for card match to see what you might qualify for.
MDL

Amex Gold Prem'r
Amex BCP
Amex Green
Barclays Ring Platinum MasterCard
Citi Diamond Pref'd
Chase Sapphire Pref'd Visa Signature
Chase Freedom MasterCard
Discover It
New York Life Visa Signature



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