Millenium Secured Credit Card Review

Author: femlove200
Posted: Sun Apr 23, 2006 6:32 pm
Post subject: New Millennium secured credit card, is this real?

http://www.nmbplatinumcards.com/dbplat/index.php?id=h44104860h
i'm looking for a good secured credit card to rebuild my credit, i came across New Millennium. They claim to not check your credit, report to all three agencies, and other stuff of that nature. Can you guys check it out and let me know if i should get it. Thanks in advance.

i just found the fine print, its costs a s**t load of $ to get one and no grace period...

Fees and Disclosures

Annual Percentage Rate 19.5% APR

Balance Computation Method Average Daily Balance (including new purchases)

Annual Fee $59 / yr.

Grace Period for Purchases :: None

Minimum Finance Charge $0.50

Fees and Disclosures

Annual Percentage Rate 19.5% APR
Balance Computation Method Average Daily Balance (including new purchases)
Annual Fee $59 / yr.
Grace Period for Purchases None
Minimum Finance Charge $0.50
Other fees that apply: Processing fee: $99.95 for one card or $129.95 for both. Late payment and over limit fees are as follows; late: $20 ; over limit: $20. Cash advance fee is 2% of advance (min. $1, max. $20). The processing fee is a finance charge for Truth in Lending purposes. All terms are subject to change as provided in the cardholder agreement.

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Author: maddybeagle
Posted: Sun Apr 23, 2006 8:28 pm
Post subject: Millenium Secured Credit Card Review

Yes, a pretty bad deal. Somebody was on the board recently trying to push this ridiculous card....

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Author: Board Monitor
Posted: Mon Apr 24, 2006 1:02 pm
Post subject:

You can comparison shop for more consumer friendly secured cards here:

http://www.cardratings.com/poorinfohome.html_________________
Regards,
Curtis Arnold
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews

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