Tuesday, November 30, 2010

...Kardashian Debt Kard Update

Well it seems as if that too has passed. The Kardashain Kard is no more. The girls were getting a lot of heat for attaching themselves to a card that charges you before you use it.

"Just to buy the card and use it costs $59.95 for six months, or $99.95 for 12 months. That does not include any money on the card. The person buying the card must add money onto it.
The initial feels were just the start. After those six or 12 months are up, it costs $7.95 a month to keep using the card. Users have to pay $1.50 to withdraw cash from an ATM, and $1 to check their balance. Talking to a customer representative on the phone costs $1.50 for each call, and canceling the card costs $6.
Losing the card results in a charge of $9.95. If the loss is reported within two days, then losses are limited to $50. But if the loss or theft is not reported, and the issuer believes the user knew it was lost or stolen, then losses could be as high as $500, according to the terms and conditions on the Kardashian Kard website."

A lawyer for the Kardashians asked that their name and likeness be removed. Apparently thee have worked hard on their images, minus the sex tapes and random acts of stupidity, and they did not want them to be damaged. Connecticut Attorney General Richard Blumenthal called the card "predatory" and ordered an investigation. Since the time the card was released earlier this month all financial advisers and consumer agencies warned people not to buy this card. Finally less than a month later the card is gone. This just goes to prove more of my point that the Kardashians are grand opportunist and are all about themselves. Money and fame over anything else. So of course it is not hard for me to give this 2 Digits Down, even if it is dead.

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