Posts Tagged ‘ Khloe Kardashian ’

Kardashian Kard Lame Launch: Who’d Want One Anyway?

January 12th, 2011. By LucyC

Keeping Up With The Kardashians? Maybe not… The Kardashian sisters, Kim, Khloe and Kourtney are facing a lawsuit over breach of contract with a company that created a prepaid debit card—the Kardashian Kard, designed specifically to be endorsed by the celebrity sisters and draw on their fan base.

An enterprising idea. Perhaps a little too enterprising. The Kard—oops—card—made quite an impact on Attorney General Richard Blumenthal who issued a warning about what he called its “predatory” fees. Predatory lending practices certainly seem to be the theme de jour—and there is long list of credit card companies, banks and mortgage companies facing a laundry list of complaints over unfair business practices.

The Kardashian Card, a pre-paid debit card by Mastercard developed by Revenue Resource Group LLC, would appear to be no exception. In fact, Blumenthal recently described the card as “filled with gotcha fees and charges, such as $99.95 annual fees, $7.95 monthly fees…ATM withdrawal fees, bill pay fees, loading fees—and even charges for talking to a live operator at their service center and a card cancellation fee.” (Fresno Bee)

Given all the bad publicity the card received—and deservedly so—the Kardashians rushed in into face-saving mode and hired a lawyer, who sent a contract termination letter to the debit card company University National Bank, which issued the cards, which pulled the company’s operating license that day. And presto, bingo—you have the makings of a lawsuit.

The suit alleges that the Kardashian sisters, their company Dash Dolls LLC, and their mother, Kris Read the rest of this entry »

Tags: Attorney General Richard Blumenthal, Kardashian debit card, Kardashian Kard, Khloe Kardashian, Kim Kardashian, Kourtney Kardashian
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