Dash Dolls Kwickly Kill Kardashian Kard
Dash Dolls Kim, Khloe and Kourtney Kardashian have strangled their infant subprime debit card in its krib. They announced the tragic news just days after Connecticut Attorney General Richard Blumenthal launched an investigation of the Kardashian Kard. The AG’s not the first to notice the Kard was a financial Dracula, risen from the grave to suck your wallet dry.
- CT AG launches probe of Kardashian Kard – a "prepaid debit card"
- Dash Dolls shamed into pulling their brand from sketchy credit line
- Morals clause in license agreement excuses poor business judgment
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Prepaid Debit Card a Fee-Reaping Monster
Or maybe the Kard was more a Frankenstein, sewn together from bits of every bad financial practice of the recent past. A prepaid debit card seems pretty Alien in the first place, almost like It Came From Outer Space or something. When you added up – or should say subtracted – all this card’s fees, it would make you want to Scream.
The DDs may actually be relieved by the AG’s investigation. Given all the negative publicity and likely poor sales maybe they felt it a waste of their endorsement klout. Kim, for one, has better ways to monetize herself. She takes down at least three large for Tweeting your product or service.
Giving the benefit of the doubt, the Kardashians were probably klueless about what a bad thing this was. Hey, they got bad business advice, but their lawyer rocks! He put a reverse morals clause in the Kardashian brand license. So when to everyone’s surprise the card was a total rip off, they were able to terminate the license and preserve their reputations as "honest, ethical, and fun-loving individuals who are kind and caring to others." Teen Activists everywhere, take note.
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