The USAMP
card / USA Magellan Preferred Card,
issued by Magellan Credit, is designed for those
with poor to limited credit who are looking to
establish or re-establish credit.
Although the credit card does have a
low $285.00 first year membership and account
set-up fee, it is considered reasonable as
compared to similar cards designed to establish
credit, many of which can charge fees ranging
anywhere between $500 and $900 for the first
year of membership. In addition, this credit
card has a zero percent interest rate on
purchases.
By reporting positive info to a major
credit bureau that our cardholders are
maintaining a $7500 unsecured line of
credit, a rapid increase of 40-50
points is achieved in as little as 30
days.
So What's The
Catch?
The USAMP
card / USA Magellan Preferred
Card can only be used for retail
purchases through the USA Magellan Shop Smart
sponsored website ( magellanshoppingclub.com)
and catalogs. In essence, the credit card is a
retail charge card that can only be used for
select products.
Therefore, those who
are looking for a low-cost rapid results
option to establish or re-establish credit
and do not require a credit card for general
everyday purchases may find the USA Magellan
Preferred Credit Card to be a suitable option.
Useful
Info:
-
Credit
Limit: $7,500 (Maximum)
Fees Associated
with this Card
- Annual Fee: $200
- Add.
Cardholders: n/a
Late Payment Fee: $10
Cash Advance Fee: n/a
-
Positive
Activity Is Reported A Major Credit Union
Monthly As An UNSECURED $7500 Line Of
Credit.
-
Must be at
least 18 and a U.S. citizen or permanent
resident (excluding Wisconsin), with an active
checking account, a monthly household income of
at least $800 and no undischarged bankruptcies.
-
No
employment verification
-
Guaranteed
approval
-
No credit
checks or turndowns.
Offered
By USA Magellan Preferred
www.usampcard.com
Terms/Conditions
(c) 2006. All Rights
Reserved.
* $7500 Credit Line Available
To Purchase Merchandise At
magellanshoppingclub.com |
