Comments on: Tricks The Banks Play To Make You Pay http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/ Getting out of Debt, Getting off the Couch, and Getting into Life Sun, 29 Jan 2012 16:23:20 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Isabelle Schiffsversicherung http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/comment-page-1/#comment-8256 Isabelle Schiffsversicherung Sat, 07 Feb 2009 15:11:25 +0000 http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/#comment-8256 I agree with you about the late credit card bill trick. It happened to me once. I received my bill 2 days before payment is due. So, how can I pay it immediately? and would you believe, they even charged me with late payment! I agree with you about the late credit card bill trick. It happened to me once. I received my bill 2 days before payment is due. So, how can I pay it immediately? and would you believe, they even charged me with late payment!

]]> By: Kevin in Denver http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/comment-page-1/#comment-7431 Kevin in Denver Thu, 18 Dec 2008 21:43:42 +0000 http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/#comment-7431 Now this is a GREAT bit of info! I hope everyone keeps credit unions in mind when reading this. They're still here and stable. With everything that's been going so wrong in the economy, it's nice to let people know someone is doing something right! Credit unions have never asked for - or needed - a bailout and are not part of the current economic problem. Credit unions have always adhered to conservative lending practices, not the risky loan programs and subprime mess that everyone had heard so much about. Many people don’t realize that the credit union deposits are federally insured to at least $250,000 by the NCUA (National Credit Union Association) just like the FDIC for banks.As not-for-profit cooperatives with their member-owners’ interests in mind, credit unions hold on to mortgage loans instead of selling them to a secondary market for a quick dollar. And unlike banks, credit unions are locally owned - members’ money stays local, and gets reinvested in the local community. People should know that there are still some very sound and responsible financial institutions out there! Now this is a GREAT bit of info! I hope everyone keeps credit unions in mind when reading this. They’re still here and stable.

With everything that’s been going so wrong in the economy, it’s nice to let people know someone is doing something right! Credit unions have never asked for – or needed – a bailout and are not part of the current economic problem. Credit unions have always adhered to conservative lending practices, not the risky loan programs and subprime mess that everyone had heard so much about.

Many people don’t realize that the credit union deposits are federally insured to at least $250,000 by the NCUA (National Credit Union Association) just like the FDIC for banks.As not-for-profit cooperatives with their member-owners’ interests in mind, credit unions hold on to mortgage loans instead of selling them to a secondary market for a quick dollar. And unlike banks, credit unions are locally owned – members’ money stays local, and gets reinvested in the local community.

People should know that there are still some very sound and responsible financial institutions out there!

]]> By: Why You Don’t Need Credit Card Life and Disability Insurance (GP) | Moolanomy http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/comment-page-1/#comment-4146 Why You Don’t Need Credit Card Life and Disability Insurance (GP) | Moolanomy Wed, 26 Mar 2008 13:00:32 +0000 http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/#comment-4146 [...] can still protect yourself with life and disability insurance, just don’t sign up through your bank. You can find life insurance policies that will cover all your debts (not just one credit card or [...] [...] can still protect yourself with life and disability insurance, just don’t sign up through your bank. You can find life insurance policies that will cover all your debts (not just one credit card or [...]

]]> By: The Psychology of Credit Card Offers | Get Financially Fit! http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/comment-page-1/#comment-4137 The Psychology of Credit Card Offers | Get Financially Fit! Tue, 25 Mar 2008 12:46:49 +0000 http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/#comment-4137 [...] a great job writing about the risks of credit cards.  Here are additional articles by Linda.    Tricks The Banks Play To Make You Pay   Stop Paying Late Fees   Ten interest-saving tips your credit card company doesn’t want you [...] [...] a great job writing about the risks of credit cards.  Here are additional articles by Linda.    Tricks The Banks Play To Make You Pay   Stop Paying Late Fees   Ten interest-saving tips your credit card company doesn’t want you [...]

]]> By: The Happy Rock http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/comment-page-1/#comment-393 The Happy Rock Thu, 30 Aug 2007 02:14:23 +0000 http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/#comment-393 tehnyit, it sounds like you have had some success negotiating with banks. That should be encouraging to the rest of us. tehnyit, it sounds like you have had some success negotiating with banks. That should be encouraging to the rest of us.

]]> By: tehnyit http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/comment-page-1/#comment-385 tehnyit Wed, 29 Aug 2007 13:49:27 +0000 http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/#comment-385 I certainly agree about the trying to negotiate with the interest rate with the bank. In fact, everything about your dealings with the bank is negotiable. All they can do is say decline what you ask for. Other than the interest rate, you could also negotiate on the fees. I certainly agree about the trying to negotiate with the interest rate with the bank. In fact, everything about your dealings with the bank is negotiable. All they can do is say decline what you ask for. Other than the interest rate, you could also negotiate on the fees.

]]> By: The Happy Rock http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/comment-page-1/#comment-371 The Happy Rock Wed, 29 Aug 2007 03:16:51 +0000 http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/#comment-371 @Mike - I belonged to the IGA federal credit union a few years back. They unfortunately sold out to First Penn Bank, and I was gone from there once my student loan was paid off. I like credit unions for the customer service aspect, but I am a big fan of the ING savings and checking right now. @Mike – I belonged to the IGA federal credit union a few years back. They unfortunately sold out to First Penn Bank, and I was gone from there once my student loan was paid off. I like credit unions for the customer service aspect, but I am a big fan of the ING savings and checking right now.

]]> By: Mike http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/comment-page-1/#comment-346 Mike Mon, 27 Aug 2007 21:40:29 +0000 http://www.thehappyrock.com/2007/08/27/tricks-the-banks-play-to-make-you-pay/#comment-346 Want to find a bank that doesn't screw you - look at <a href="http://en.wikipedia.org/wiki/Credit_Unions">Credit Unions</a>. Even the bottom tier credit unions I've run across have been better toward their customers than the average bank. Lower fees, lower interest rates for loans and credit cards, and higher interest rates for checking, savings, and CDs. And, on top of it all, their employees care. Want to find a bank that doesn’t screw you – look at Credit Unions. Even the bottom tier credit unions I’ve run across have been better toward their customers than the average bank. Lower fees, lower interest rates for loans and credit cards, and higher interest rates for checking, savings, and CDs. And, on top of it all, their employees care.

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