What is it with banks over here (Again)?
Mar 5th 2006, 6:57 am
#16
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Joined: Nov 2002
Location: Where bad things rarely happen in movies
Posts: 8,933
Re: What is it with banks over here (Again)?
Originally Posted by AdobePinon
There's your problem, right there. Wells Fargo are known for being extremely nice to their corporate customers, and substantially less than accommodating to their personal accounts.
Mar 5th 2006, 7:50 am
#17
Wind, earth, fire, water
Joined: Aug 2005
Location: DC metro area
Posts: 1,670
Re: What is it with banks over here (Again)?
Originally Posted by TimFountain
...
Any other comments on sharp banking practices out there?
- Tim
... "they" realy are out to get you ... :scared:
Mar 5th 2006, 10:58 am
#18
BE Forum Addict
Joined: Feb 2006
Posts: 4,820
Re: What is it with banks over here (Again)?
Originally Posted by Patrick Hasler
The overdraft rules are just as bad (if you ever had one here). When I first got an account here and money was very tight my bank gave me a small overdraft limit ($500) and for ages I never had to use it, then one week before I started earning proper money I paid all my bills and slightly went into it, my next wage covered it and a surplace within days and soon I was earning enough to get by and put some away for a rainy day.
The thing is that even if enough goes in to clear the overdraft they only take a small payment towards it and they chrage interest for the time they take to pay the overdraft off bit by bit, even if you are never overdrawn again.
In the UK it is paid off next pay day !
The thing is that even if enough goes in to clear the overdraft they only take a small payment towards it and they chrage interest for the time they take to pay the overdraft off bit by bit, even if you are never overdrawn again.
In the UK it is paid off next pay day !
Mar 5th 2006, 11:02 am
#19
BE Forum Addict
Joined: Feb 2006
Posts: 4,820
Re: What is it with banks over here (Again)?
Originally Posted by Patrick Hasler
I can second that ! .... I got my mortgage approved and set to move and the day we were exchanging contracts the rate was raised because we had bouth a fridge and dining room furnature which showed a hit on my credit and lowered the score
Mar 6th 2006, 5:14 am
#20
Member
Joined: Jul 2005
Location: Garden State
Posts: 280
Re: What is it with banks over here (Again)?
Originally Posted by dbj1000
Yep. My Credit Union is wonderful. Rather Victorian, and bound by the same antiquated rules you're railing against, but wonderful all the same.
The British banking system may have been firmly set in the 1950s, and the US system may be firmly in the 1890s, but almost without exception the staff in my British bank were miserable, unhelpful, surly, rude and obstructive. By contrast, the staff in my credit union were so helpful that they bent, avoided and otherwise broke many of their house rules to get me set up with a bank account, credit card and established credit history in near-record time, and always with a smile despite me being a monumental pain in the arse with my endless questions and unreasonable demands.
The downside? I can't get out of there in less than 10 minutes because they like to chat about my kids, family, health and such.
...and my checks clear the same day - even the GBP ones I deposit from time to time.
The British banking system may have been firmly set in the 1950s, and the US system may be firmly in the 1890s, but almost without exception the staff in my British bank were miserable, unhelpful, surly, rude and obstructive. By contrast, the staff in my credit union were so helpful that they bent, avoided and otherwise broke many of their house rules to get me set up with a bank account, credit card and established credit history in near-record time, and always with a smile despite me being a monumental pain in the arse with my endless questions and unreasonable demands.
The downside? I can't get out of there in less than 10 minutes because they like to chat about my kids, family, health and such.
...and my checks clear the same day - even the GBP ones I deposit from time to time.
Does this limit of 6 transers apply to credit unions too?
