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Vanquis Card - OMG!

I've just received a mailshot from Vanquis card offering me one of their credit cards, and whilst it's aimed at those that are struggling to obtain credit, and I seriously hope no-one signs up for this downright greedy deal :mad:

What the card offers:

* Up to £2,000 credit

* Typical APR of (wait for it...) 59.0% - apparently based on a "typical" credit limit of £250, !**which can reduce in stages**!

* APR range of 44.6% to 69.5%

* All this for an annual fee of £19

I am absolutely flabberghasted by this and I wanted to call them to rage down the phone to no avail. as there is no phone number supplied on any of the literature - it's all applied for by post.

Rant over :D

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