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Why are there fees to open the Cash Yes card account?

account card cash fees yes
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The Cash Yes credit card is designed for those individuals with a less than perfect credit history, those who had a previous bankruptcy or those who are seeking to build their credit. The fees help protect against potential losses that could result from cardholder defaults. If you have a good credit history, this card may not be for you. Please refer to the Terms and Conditions for more information, and the Cardholder Agreement you will receive if you are approved for the Cash Yes card.

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