Blancher Gold Reviews: Are They Worth It?
Alex Long- Blancher Gold Group (BGG) is a precious metals marketing company in Canada.
- The company operates through three segments-precious metals recycling, refining, and bullion-is that cover the entire precious metals industry.
- Blancher Gold Group is a Canadian precious metals marketing company.
Blancher Gold Group, Inc. (BGG) is a precious metals marketing company in Canada. The company operates through three segments-precious metals recycling, refining, and bullion-is that cover the entire precious metals industry.
Blancher Gold Group was founded in 1974 and is headquartered in Toronto, Canada. The company caters to investors, collectors, wholesalers, and retailers. The company's products and services include refining of precious metals, production of gold and silver, precious metals distribution, and precious metals trading.
Pros Explained
Great Options for Beginners
The intro course is a great way to learn about investing, especially if you're new to the stock market. You'll learn about the different types of investment vehicles, how to evaluate companies and stocks, and how to invest your money with both short- and long-term goals.
The courses are short, around 10 to 15 minutes each, and are delivered in an entertaining format. The instructor, Dave Blancher, is entertaining and easy to understand. He doesn't use a lot of technical jargon or complicated financial theory.
Access to Live Support
The Gold membership includes live support. You can call, email, or visit a live broker directly if you have specific questions or want additional help.
Cons Explained
No Free Courses
The introductory course is free with registration, but you'll have to pay to continue on.
High Price
The Gold membership costs $1,299 per year. That's a lot of money when other online brokers offer the same services for a lot less.
Conclusion
The Blancher Gold membership is an excellent resource for new investors, but it offers nothing for experienced traders.
Cons Explained
While Blancher Gold Reviews boast of being "the largest gold-buying service of its kind," the company's website only lists three locations:
Las Vegas, Nevada
Aventura, Florida
and Phoenix, Arizona
There are addresses and phone numbers listed for each of these locations, but no information on what year the company was established, how many employees it has, or how long it's been in business.
Pros
The Blancher Gold membership comes with a number of benefits, which are listed below:
A Lifetime Membership
Blancher Gold is structured as a monthly subscription, and is billed annually. Members who sign up today will have lifetime access to the membership, which saves them money in the long run.
24/7 Online Access
Members will have unlimited access to Blancher Gold's website, which includes information on numerous topics, such as investing, trading, and personal finance.
Educational Resources
Members will have access to a range of educational material, including articles and videos.
Articles from The Wall Street Journal
Members will also receive access to articles from The Wall Street Journal, which are considered some of the most credible publications in the world.
Cons
No Free Educational Content
While members will have access to numerous articles and videos, they will not receive a free education on how to invest in gold or other precious metals.
Not Suitable for Beginners
Blancher Gold is not structured as a training program, and as a result, it is not designed for beginners.
If I Have Bad Credit, Can I Get Certified?
Yes, Blancher Gold's programs are designed to help people with bad credit. If you are unable to get approved for a loan or credit card, while most other lenders will turn away your request, Blancher Gold provides an alternative way to obtain funding.
Do I Need to Pass the Exam to Get Certified?
You do not need to be a certified public accountant (CPA) or a certified management accountant (CMA) in order to sit for the exam.
What Does It Cost to Sit for the Exam?
The cost to sit for the exam is $600.
How Can I Prepare for the Exam?
The Certified Gold Professional (CGP) program requires candidates to have 100 hours of education.
How Much Does it Cost to Get a Certified Gold Card?
The fee for the card ranges from $200 to $300. This depends on the applicant's personal information.
Does it Pay to Be a Gold Card Holder?
The gold card application information is confidential. The card member benefits are not publicly available.
What If I Miss a Payment?
If you miss a payment, you will be charged a late fee and will be declared in default. You will lose 10% of the remaining principal balance if you miss a payment after 10 days. After 30 days, the remaining balance will accrue interest.
What If the Company Goes Out of Business?
A lack of customer reviews for Blancher Gold Reviews is concerning-especially because this firm sells financial products. Blancher Gold Reviews is supposedly part of PEAK6 Investments LLC, which is headquartered in New York. However, the website for Blancher Gold Reviews doesn't list a phone number or address, so it's difficult to verify that the firm actually exists.
What If I Get Denied?
As of June 2022, Blancher Gold offers three services: a secured credit card, a personal loan, and a business loan.
The secured credit card and personal loan both require applicants to be at least 18 years old.
The secured credit card and personal loan both require a minimum monthly income of $1,000, with a minimum credit score of 500.
The secured credit card requires a $500 deposit, or 10% of the credit limit, whichever is greater.
The personal loan requires a $1,000 deposit, or 10% of the loan amount.
Both products have a 24-month term, with 13.45% APR for the secured credit card and 15% APR for the personal loan.
You may be able to qualify for a higher credit limit if you have a good payment history.
What If I Don't Have a Checking Account?
If you don't have a checking account but would like to check out Blancher Gold reviews, you may be able to do one. The company operates through a company called Goldline International, LLC.
When you visit the website, you'll see that it offers Gold Bullion, Gold Bullion Coins, and GoldMoney.
Gold Bullion and Gold Bullion Coins are gold bullion products that you can own, store, and own privately. GoldMoney is gold stored and owned by the GoldMoney company.
What Information Is Required to Apply?
Blancher Gold requires applicants to fill out an application form with your name, address, contact information, and relevant work experience. After filling out the form, you will need to upload a résumé, pay a $35 application fee and answer a few questions about yourself.
How Does the Card Work?
The Blancher Gold Card offers two points per dollar spent on travel, gas, and dining and one point per dollar spent on everything else.
The card has a $0 annual fee, but it comes with a $100 travel credit. You need to spend at least $1,000 on the card in a calendar year in order to earn the travel credit.
When Are Payments Due?
You can use the Blancher Gold program to make monthly payments at any time.
The merchant cash advance program is also designed for businesses with fixed monthly cash flows, so funds do not typically need to be paid back all at once.
Am I Required to Use the Card?
No. However, if you do not use the card, you are still eligible to receive the sign-up bonus.
What Do the Terms of the Blancher Gold Card Offer?
$50 welcome bonus upon approval
(See also: 10 Best Cash Back Credit Cards of 2020)
3% cash back on purchases made in gas stations, grocery stores, and drugstores
2% cash back on all other purchases
No annual fee.
How Does the Card Work With Other Credit Cards?
The Blancher Gold Card from American Express, like all American Express credit cards, is a charge card, meaning you must pay off the entire balance each month; unlike credit cards, charge cards don't require that you carry a balance from month to month.
If you make purchases and pay them off each month, you won't pay any interest. But the card offers no introductory APR on new purchases, so you'll pay interest on new purchases from the moment you make the purchase. However, if you pay off your balance in full each month, your APR will be 0% for the first 15 months, and then 14.99% thereafter.
Your credit limit is calculated based on your current credit score. If you apply and are approved for the card, and you meet the spend requirements, you'll receive a credit limit of at least $2,000.
Gold IRA: Should You Open One To Save For Retirement?
What If I Don't Qualify?
We understand. Many people are under the impression that they have to have a lot of money saved up before they qualify for this program. This is simply not the case. If you have $500 to $1,000 in savings, you will qualify for Blancher Gold.
