They Say I'm 'Exceptional'.

[LittleBill21]

BBVA Compass 5% Cash Rebate

appreciate it, but that looks like a debit card from the checking account.i just want a cc% im not changing banks

 

[Sawyer Rob]

Very good friends lost their prize breeding stock in a barn fire many years ago. Had they not been able to LEGALLY use the bankruptcy laws their children would have starved. Would you like to see children starve or admit that using legal techniques on the law books is an acceptable route? Please reconsider.

Actually, if they starved, it's their own fault... A local church will help those kinds of folks, as will local food banks...

SR

 

[buckeyefarmer]

I don't know if I'm exceptional or not, but some say I am out standing in my field.

Oh, a farmer...

 

[dnw64]

I don't know if I'm exceptional or not, but some say I am out standing in my field.

My (most beloved) uncle gave me a card for my HS graduation to that effect.

I still treasure the thought these 37 years later. The card might still be around, somewhere.

 

[dnw64]

:thumbsup:

It'd be interesting to see who has a higher credit rating of the following, especially among #2 & #3 who have both proven that they pay off loans:
1) Someone who's never had a loan, has (let's say) $X assets, $Y cash that could cover loan.
2) Someone who's had a loan, but paid it off in 1/4 time (i.e. "robbed" bank of interest), has same $X assets, $Y cash that could cover loan; or
3) Someone who's had a loan, but paid it off as per schedule (i.e. bank got full interest), has same $X assets, $Y cash that could cover loan.

As others have said, "your" score is penalized for not being in debt, but I wonder if it's penalized for not giving banks all the interest they expected?

One of my employees is in his upper 60s. He's worked for me for 9 years. Before that he was a self-employed contractor, building multi-million dollar custom log homes (roughly 35 years). He used to make considerably more than I do (as the owner of a successful 10-person manufacturing company).

He recently wanted to take out a home equity loan on his (fully paid off for many years) $half million+ home. You would not believe the hoops he had to jump through to secure it. I don't know if I knew the amount of the loan, but know for sure it was far less than the 80% LTV that most banks feel very comfortable with.

I have finally found a bank that works with me more like a friend or partner, and will stick with them unless/until they get bought out by someone that treats me as a number.

 

[fried1765]

I don't recall ever hearing of that being done. IF . . . they actually have a way of recording the information, sounds like a good idea. But of course, we traveled to every state except California and Hawaii for six years, including a couple of long trips to Alaska and never had a credit card problem when we were doing that.

Maybe doing nothing works for you, in the good old USA, but look out for other countries.
Your credit card can be easily be shutdown, and it takes some time to get it replaced.
Ask me how I know!

 

[fried1765]

I had a gas company Visa card bounce once ... at the pump .... just after I had already used it at the same pump. I filled the car, then shut it off and restarted it to fill some gas cans. I needed to do that because of different budget codes in an accounting program I used. Their story was that there was a history of people stealing CCs and using them at gas stations to fill several cars in a row, collecting cash from the other drivers. I thought that was a bit far fetched.

I was curious about that situation also.
I asked to speak with a bank credit card fraud investigator, and he told me exactly what you were told.
I have no reason to doubt what he said.

 

[dnw64]

I also, don't owe anyone a nickle. I did forget to pay my credit card a few months ago. I had paid it early (as usual) and somehow got confused.

I was beside myself, when I had to pay "INTEREST". Usuallly, they see my history and fix little things like that for me. They didn't offer and because it was totally my fault, I did not push it.

That's why I have Auto-Pay on every single account that offers it.

But I have never have a CC company not offer to take care of things when the rare exception happens (change of bank accounts, for instance). FYI the bulk our our CC accounts are with Chase.

 

[buckeyefarmer]

Dealing with a cc scam now.
Wife used a cc to pay for shipping for a "free" sample of makeup. Everything says "free" multiple times. Turns out there is a disclaimer that you had to cancel within 14 days or be charged full price, and it was a monthly service. Problem is the disclaimer is not reveiled up to the point of giving a cc number. Also, their price is 3x amazon. I questioned her when i saw the shipping charges on the bill, she said it was for the samples. Then the next bill had the full price charged, and the next months full price charged. I am disputing the charges, but mastercard says we will probably have to pay. They were well aware of this company, apparently they make their money on this scam, hoping people dont read the terms of the "free" offer.

I have documented that there is no disclaimer up to the point of hitting the pay button, after entering a cc number. The company claims she had to accept the disclaimer to order it.

When the 2nd shipment came, we wrote "return to sender" on it.

 

[thepumpguysc]

I feel your pain Buckeye.. Theres no such thing as FREE or a FREE 30 day supply.. ON "ANYTHING"..
You either pay thru the nose for shipping & "handling".. or like what happened to U.. you get charged FULL PRICE..
Sorry.. but I "think" your SOL.. & its probably gonna cost u thru the nose to>> "break the contract"..