All of the products below that are issued by First PREMIER® Bank are unsecured, fee-based products.
Pre-approved Credit CardsIs another term used to lure in new card customers. Pre-approved cards must always be applied for, and involved with this is a listing of the applicant's occupation, income, other debt and similar factors. Once the application is submitted, the card supplier will examine the numbers and decide if you will be able and likely to repay your card purchases.
Unsecured Credit CardsDo not require a deposit, and the consumer is allowed more freedom with spending and repayment. If the payments are on time, the limit allowed will be increased if desired. If, however, payments are not paid on time, unsecured credit card companies will continue to add additional late charges, as well as a certain amount of interest that also must be repaid. The interest varies, but can be as low as single digits and as high as 20% on your outstanding debt.
The (above) information is brought to you by (unsecured-creditcards.net). First PREMIER® Bank is not affiliated with (unsecured-creditcards.net) and does not endorse, nor guarantee, nor is responsible for this information.
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