Junk Mail

[luckykaa]

I got an offer for a credit card from Vanquis. A credit card Company I was not previously aware of.

Their offer is certainly unusual.

49.9% APR And if I'm rally lucky, it may go down to a mere 32.9%! But I can cut my interest rate again annd again! Yeah, I'm not surprised...

All this for just £19 a year!

Alternatively, I can stick to my existing cards at 16% and 13% APR and no annual fee... Granted, I never pay interest anyway, but I'm a little offended that they consider me such a bad credit risk. It appears that this card is targetted at people with a bad credit rating - exactly the people who shouldn't have a credit card.

An open letter in response

Dear Sirs.

I was impressed by your credit card offer.

I would be tempted, but it appears that Fat Vinnie, the great white loan shark offers a considerably better rate of interest. He also offers the convenient extra service of sending round Les and Des personally to collect payments and remind me if I happen to be late. I'm also told that Vinnie can get me special rates on all sorts of consumer goods.

However, if I suddenly lose all mathematical ability and/or sense, I shall certainly consider your offer.

They gave me a pre-paid envelope. I wonder if I should send this letter to them.

Comments

[invisigoth51.livejournal.com]

*nods* send it send it *bounce*

[aperrott.livejournal.com]

Seems only fair to send it. :-)

[vanir.livejournal.com]

They might send Rob and Bob round to show you why 49% APR is better than no APR and no working limbs ;)

[steverogerson.livejournal.com]

Add my vote to the send-it campaign

[spacefall.livejournal.com]

Bwahahahahaha! :D

[palfrey.livejournal.com]

+1 on the send it votes. Heck, they'll probably get charged some small amount to have your note delivered to them (if I remember the economics behind those notes correctly), which is also a good thing. Seem to remember hearing of someone who always sent back pre-paid envelopes, loaded down with as much random marketing crap as he could find...

[tyrshundr.livejournal.com]

Send them something really, really heavy so they have excess postage to pay.

Unless they are really good they will never know it was you.