Wow Mons, what a response !

Try this link for an example of Visa's Terms and Conditions.
When I do a copy/paste into MS word, it is 14 pages long,
with width of 6 inches and the font is NY Times 12.
The Notice I received was smaller width and in smaller font.

For the rest of your remarks, I can only try to assure you that none of them apply to me.
I'm pretty sure that we have not paid more than
$30 over 45+ years of using credit cards or credit accounts...
because our balances have always been paid off in full before the next due date.

Both of my postings were directed at the ursury rates that are being charged (other people).

I can't say I understand your remark about "stupid greedy people",
but there's no need to explain unless you wish to.

Cheers...

[FONT="Comic Sans MS"][/FONT]Well, teller you love 'em...

Basically, the full text of those agreements can be boiled down to

"If you don't want to be fucked liked you've never imagined possible, you will pay in full before 28 days elapses, otherwise you will be well and truly, if systematically, fucked."
Enjoy your purchases!

Lamp - You are correct - I get the same things every year. Its ridiculous the way the information is conveyed. re: the 29% rate - that is also too common. Virtually all the buy no no interest till 20?? are that way. and yes they backdate the interest from the date of purchase. Whats even worse is, IIRC, they charge you interest on the TOTAL purchase price - not just the remaining amount due.

I got into trouble, well actually it was my ex, but whatever. About 10 years ago - had three cards - Citibank, Sears and JC Penney - they were all 29.5%.

To sum it up shortly reread foot3's post.

You have no reason to expect an interest-free loan. You have no right to expect any loan. You take a deal that says pay in off in a set period and we'll waive the interest, then you can only expect not to pay interest if you pay it off in the set period. Otherwise, you pay the interest. Why would you expect that not to be from the moment you took the loan?

Read the small print, don't take the deal or don't whine when you get bit. QED.

If you want it legislating against, consider who you vote for and don't whine about governement interference EVER AGAIN.

This has been a public service announcement on behalf of the monster party.


Methinks some gentlemen protest too much.

No protest monnie - just facts.

Bitching is better left to the bitches.

We will remember this thread when you come back in a year to complain about how Chase has screwed you over with fees and/or incompetence. The sad thing is you probably will not remember it... but we will.

Yeah, I got referred to it by other personal people, and I need to really build up my credit and pay my loans. Plus they told me they would help me in the future with larger loans and investments....why is everyone so angry toward banks? I've only heard of the credit union at my university, I'm not aware of the ones in my area....

is that ok?

Of course it is OK.

The fees and charges and the federal bank bailouts that you already know about are distasteful to almost everyone, so they may be angry about all that.

On one hand some may feel miffed because you did not follow their advise to go with a credit union.
On the other, you asked for advise on "banks" and none was offered.

Go with what is best for your situation... only you know what that is.

Because we've all had long enough to get screwed by them. For future reference, a credit union will also do all those things you mentioned above. I do sincerely hope it works out for you--since Chase screwed Bruce over more than once, maybe they'll have filled their quota for awhile and can let you off scot-free. :)

hahahahah


Cf, you're funny.

freshnesschronic, you're hosed. sure, it's ok. it's your life, it's your money (for the time being, anyhow). Angry at the banks? Meh--they only love me for my money. I have a choice in my area to get my "banking" services from a number of sources, and credit unions give me the best service for the least money. Banks do not. Now maybe your needs are different than mine, or the credit unions suck ass in your area, whatever. it's no biggie. check back with us, ok?

lamplighter--there was no collusion. why do you think there were no testimonials for banks, especially when that was specifically requested in the OP? Because we all listened to him and answered what he needed to know, not what he asked. You do this all the time too. to give a narrow, literally correct answer that is unhelpful by omission is ... bullshit.

your guesses about our "anger" are seriously wrong. miffed because he didn't take my advice? hardly. pissed about the bank bailouts? seriously doesn't apply in this case. he's our friend and we each tried to give him our best. That's all.

I will also look into a credit union / do the necessary research about them for future usage, no doubt.

To update, PNC actually upgraded my account, reversed all the fees and gave me a %1 interest rate in my savings account, while Chase gives me another start to build better credit and investments. That's how I see it, and I check my bank account online all a lot, so I hope I can keep on the ball about my balances and bills.

BigV, I'm sorry if you were off-put by my post#38.

I've read back thru the thread and really don't see that my "advice"
differed all that much from yours or the other Dwellars.
I am angry about the "...fees and charges and bailouts..."
Maybe you're not. That's OK with me.

Had I stuck to Fresh's request on "banks", I might have gone
in the direction of smaller, local banks for that reason.
But I would not have been able to name any particular bank
of choice in the Chicago area.

The business about being "miffed" was a matter of tone.
After he announced his decision to go with Chase,
two or three posts in this thread did not seem all that friendly.
Again, maybe you (or theother Dwellars) don't agree.
But I can agree with you that I tried to be literally correct by using "some" and "may".

Peace

My mother and my son use Chase. I use another and I have been with them for years and if they make a mistake they fix it. I am sure the majority here are with regular banks. It would be an interesting poll? :)

My bank is good for basic banking with a watchful eye. I wouldn't take a loan by them, I would go to a credit union for that. I am speaking for myself of course.

I did not sign their form saying they could overdraft my debt. Their code was," pay my purchases if I didn't have money in the account". I would rather have my debit card declined. Thank you very much.

oh I agree.

I don't see where you or fresh owe anyone an explanation.