The love of credit cards for bad credit
" Charging a fee before a loan is actualized is illegal. If a company asks you to shell out any money at all before your loan or credit line is approved (even if they say you are pre approved), refuse the offer and report the company to the relevant authorities. * Unethical (and possibly illegal) billing practices. If a company pulls a stunt like sending you a bill in which the due date is the same as the mailing date, meaning that the bill arrives in your mailbox already past due, they are predatory. Cancel your account if you can afford to, and send in your monthly payments on your own, without waiting for the company to mail you a monthly reminder.