I wanted to like this program ...

At step 4 I was shown a large payment security fee ... which is an insurance payment passed along to me - Joe Consumer - by ChargeSmart because other members of ChargeSmart might not pay their debt.

This killed it for me - because if I were to commit to CS for a year - that fee alone would be 420 bucks for the year + 180 for the flat fee for 21600 miles.

If there is such a large number of charge-offs to warrant this high fee - then I would propose an alternative to the company that would make the deal worth while to me.

Offer the consumer either the large payment security fee - or the option to make an initial security deposit equivalent to the maximum amount I will charge using the service monthly. IE ... my 1800 mortgage + my 300 car payment would require me to make a one time deposit of 2100.00. That money would still be mine but held by them. ChargeSmart could keep any interest earned off the account until such time as I withdraw the money /and or close the account. If the amount being charged exceeds the 'security DEPOSIT' - then the large security fee would be the only one listed for use at payment time.

Keeps their charge-offs down - and keeps me from repeatedly wasting money on that insurance fee.