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Shred Your Credit Card and Win $1,000

January 4, 2011 By Peter Renton Leave a Comment

Views: 4

One of the main reasons so many Americans cannot get ahead financially is credit card debt. If you resolved this New Year to get out of this vicious debt cycle now is your chance to do something about it. Cancel your card….and then shred it.

Last month Lending Club and PerkStreet Financial launched a fun new contest called Shred Your Credit Card. The way it works is this. Once you cancel your credit card think of a creative way to destroy it, take a video of the destruction and then submit the video to their contest. There are $50 winners every week and then a grand prize winner receives $1,000 at the end of the content. Two runner-ups will receive $300. The contest runs through January 28th.

Right now, there are not that many entries so your chances of winning are good. To get your creative juices flowing here is my favorite entry so far.

Filed Under: Fun Tagged With: contest, credit cards, debt

Views: 4

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ABOUT LENDIT FINTECH NEWS

LendIt Fintech News, Powered by Lend Academy, has been bringing you all the news and information about fintech and online lending since 2010 when it was founded by Peter Renton. We not only have the industry’s most active news site, but also the largest investor forum and the first and most popular podcast.

We are a team of fintech enthusiasts who have been covering the industry for many years. With a deep knowledge of online lending, digital banking, blockchain, artificial intelligence and more our team covers the daily news and writes in-depth editorials.

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