Now there is a deal that I would love to have. A credit card company is offering some of their most "at risk" customers to cancel their credit cards (and pay them off by April 30). In exchange for doing this the credit card company, will pay them $300. This is the same company that Dave Ramsey seems to hate the most. The one he calls, "American Excess."
The LA Times is reporting today,
American Express Co. is paying some cardholders $300 each to close accounts so the lender can reduce the risk of defaults as the recession deepens.
People who got the offer to "simplify" their finances must pay off their entire credit card balance by April 30, according to New York-based American Express.
Enrolling in the program cancels a customer's account and may lead to the forfeiture of reward points or rebates, the company said.
---
go ahead share your thoughts with me now.
No comments:
Post a Comment