Here is one such stupid subprime product – the Continental Finance MasterCard. Itâ€™s hard to believe that this piece of plastic comes with an initial credit limit of just $53 after a long list of fees!
Below are some of the amazing rates and fees that go along with this card.
- Account setup fee: $99
- Program participation fee: $89
- Annual fee: $49
- Account maintenance fee: $120 (charged @ $10/month)
- Purchase APR: 19.92%
- Authorized user fee: $30 (great! seems like $53 credit is a bit too much for a single person to handle)
- Credit limit increase fee: $25 (and you donâ€™t even have to ask for it!)