First Premier Bank Card

Do a search on this site for First Premier...there is quite a bit...

First Premier is a horrible card for that very reason you describe above...at this point, since you've had the card for 2 years, the damage is done...have you tried calling them to see if they will work with you to get the balance below $300...maybe they'll waive the overlimit fees so that you can get below $300...then pay as much as you can toward the balance each payday...get them paid off as quickly as you can and try not to use the card anymore.

This card charges you crazy fees when you first get the card and I also think they have a high annual fee as well. If you were only making the minimum payments it probably wasn't enough once the annual fee hit along with any other fees that occured. Cards like these suck, I got one of these as well and I'm still trying to pay it off.

Do you have any suggestions on settling with them and coming to middle grounds or lowering the total balance? something FAIR?

I would go thru your statements and add up the fees they charged you...over limit...late fees...each one of these is $25 a pop...so if you are over the limit and late in one month...you get whacked with $50 a month...plus the monthly fee and interest...

Do as I mentioned in the above post or offer them 1/2 of what is owed...see what they say.

Thank you so much. It looks to be well over $500.00 at this point actually. I was just viewing all of my statements online.

Hopefully they can reason in this economy.

Thanks for the help!

:D

Good luck! Let us know how it turns out!