The Bank With The 79% APR Has A Long, Long History Of Abuse

Earlier today, we told you about a pre-approved credit card from First Premier Bank that comes with a staggering APR of 79%. We did some digging on First Premier and found that the company is no stranger to lawsuits and predatory lending. Consumer Affairs reports that credit cards from First Premier can come with up to $180 in start up fees. Here's a breakdown: * Account set-up fee: $29 (one-time fee) * Program fee: $95 (one-time fee) * Annual fee: $48 * Participation fee: