Friday, June 14, 2013

Small Illinois CU Issuing Fee Harvesting Credit Card

Credit Union Times is reporting that Services Credit Union of Naperville (IL) is issuing a fee-harvesting credit card.

According to the article, the cards are issued through the credit union; but serviced through Continental Finance Company, which advertises that it "is one of America's leading originators of credit cards for consumers with less-than perfect credit."

To review the fees and interest rates on the Cerulean Card, click here.

Continental Finance on its webpage has the audacity to talk about the credit union difference of people helping people. If this is people helping people, then I don't want to be helped.

The Credit Union Times' article notes that Daniel Plauda, who is the President of the Illinois Credit Union League, is also the CEO of the credit union.

Read the story.

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