It actually does not sound like a good idea, and it wasn’t. The Kardashian sisters promoted a credit card with their picture on the front mainly catering to their very easily influenced teen fans. The prepaid debit card was ‘railed’ by the government and consumer advocates for high fees. The prepaid debit card, which featured a picture of Kim, Kourtney and Khloe on the front, cost about $100 in fees for the year, with a range of $1.50 ATM fees.
Per NY Daily News:
“The terms disclosed to Dash Dolls in no way suggested or implied that the Product might violate any law, rule or regulation,” the Kardashians’ lawyer wrote.
The Kardashian’s claim the bad publicity brought on by this particular endorsement could have damaged their reputation. You know, cause Kim’s sex tape or Khloe’s claims of losing her virginity at age 14 didn’t do enough damage.
“The Kardashians have worked extremely long and hard to create a positive public persona that appeals to everyone, particularly young adults,” he wrote. “They have been successful in doing so because they are recognized as honest, ethical, and fun-loving individuals who are kind and caring to others.
“Unfortunately, the negative spotlight turned on the Kardashians as a result of the Attorney General’s comments and actions threatens everything for which they have worked.”
In a letter to The Revenue Resource Group which created the card, lawyers for the Kardashians said they were terminating the agreement after it was brought to their attention that the card could violate consumer protection laws. Connecticut’s attorney general wrote a letter to the debit card company last week, warning he planned on investigating if the card did violate state laws or the Dodd-Frank Act, a federal law implemented to protect consumers from abuse by the financial services industry. Catering their very luxurious lifestyle to kids with a credit card not so good but don’t worry there are plenty of items to purchase to help the girls out… perfume, clothing, hair products.
Click here for more virginity-losing talk from Khloe.
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