Yep, I love love love my credit union. Free bill pay, $2 fee to transfer funds in from my savings account if I calculate wrong and over draw my checking. They are wonderful and non-profit.
My Bosnian outlaws did not grow up with credit unions and are nervous about the transfer; all the same, I think that I've convinced them about the credit unions, even though they're concerned about ATM availability. They don't really believe that the plus network thing for CUs works (even though I use it all the time).
Ugh, Chase. The only other way to avoid that $10 is to have a $1500 daily balancebecause lots of people have that just sitting around.
I'm not sure I blame financial reform, though. That's what banks want us to believe, but seems like it's really just them figuring out how to still squeeze us in different ways.
Well yes, I don't blame the financial reform, rather that financial reform is motivating the banks to find sneakier ways of bleeding people dry. And sneaky usually means aimed at people who have a harder time fighting back, the old, infirm, marginalized, etc. If the Bosnian mommy didn't have the two of us, I don't know how she would deal with this kind of thing. She probably wouldn't and Chase would be $10 richer every month for their tactics.
A few months ago I signed up for a Chase Rewards debit cardearn points when you spend etc etc. It cost $25 but I was pretty sure I could make it up.
A few weeks ago, I got a letter from Chase that actually cited a bill by name to explain why they were cancelling the program. Of course, the problem isn't the rewards but the fee, yet Chase strongly implied that the mean ole gov't just doesn't want people to get rewards. I really hope no one falls for it.
On the credit card end, though, I think the reforms might have helped a lot of people. They've certainly helped me.
This is how banks trying to compensate Obama's credit card rule changes. Due to shrinking of income from debt-holders, they should increase account-related payments. Sorry for your mother outlaw.
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Went to a credit union and never looked back. I grew up in a credit union as my parents were teachers; I'm crazy to have ever left.
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My Bosnian outlaws did not grow up with credit unions and are nervous about the transfer; all the same, I think that I've convinced them about the credit unions, even though they're concerned about ATM availability. They don't really believe that the plus network thing for CUs works (even though I use it all the time).
Reply
Reply
I'm not sure I blame financial reform, though. That's what banks want us to believe, but seems like it's really just them figuring out how to still squeeze us in different ways.
Reply
Reply
A few weeks ago, I got a letter from Chase that actually cited a bill by name to explain why they were cancelling the program. Of course, the problem isn't the rewards but the fee, yet Chase strongly implied that the mean ole gov't just doesn't want people to get rewards. I really hope no one falls for it.
On the credit card end, though, I think the reforms might have helped a lot of people. They've certainly helped me.
Reply
Reply
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