My wife and I have to do some credit repair. We've been advised by someone we trust (meaning NOT a Capitalist) that one way is to get a low limit card and use it for small purchases, like gas, that we'd use our debit card for and then pay it within a couple of days with the funds we have for that purchase on our debit.

We were searching for some not so bad credit card offers on the web and came across an offer for a "Flex" credit card. It isn't either a prepaid nor a secured card. It promises an unsecured card with an up to $10,000.00 limit with a $1,500.00 cash advance after the payment of a $69.00 set up fee. It also promised an immediate 40 to 60 point increase in our credit scores. Surprise, surprise, there didn't seem to be a downside of this on the website. Up to $10,000.00 guaranteed unsecured credit for people credit problems? Uh-huh, yeah, right.

Obviously, this seems way too good to be true. My biggest concern is that this may be a payday loan in disguise. I CERTAINLY don't want to get into bed with THOSE bastards. We're not fans of credit cards in the first place but we're looking at some credit fixes.

We have WAY too many red flags waving in my heads about this "Flex" card option. We remember the old axiom that anything that seems too good to be true probably is too good to be true. Does anyone have any info?

Thanx in advance!

PEACE!