Comments on: Axis Bank Credit Cards Offering the Lethal Credit Shot to Eliminate All the Financial Insurgencies http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/ Business, Finance, Marketting, Management Learning Fri, 02 Jul 2010 13:22:11 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: earthlink http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-906 earthlink Fri, 26 Feb 2010 14:55:02 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-906 Excellent video, great message and lots of fun playing off the Mac / PC format. But what is the deal with some of these posts? Lots of angry folks out there. Do yourself a favor, drop your bank an find a CU in your community. Don't like the one you're with, find another. Focus on products you use, especially on lending side (credit cards in particular as you use that loan product an average of 15 times a month) -- and make sure fee structure is reasonable. Then move your business there! Excellent video, great message and lots of fun playing off the Mac / PC format.

But what is the deal with some of these posts? Lots of angry folks out there. Do yourself a favor, drop your bank an find a CU in your community. Don’t like the one you’re with, find another. Focus on products you use, especially on lending side (credit cards in particular as you use that loan product an average of 15 times a month) — and make sure fee structure is reasonable. Then move your business there!

]]> By: sadye http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-910 sadye Fri, 26 Feb 2010 12:11:56 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-910 The report says you have the card and all the info about loan type and terms etc. and only when you don't pay or a late payment do they report it. The credit report is not an accounting balance sheet. Every month the credit reporting agencies get bad debts for the information to build credit reports. Once you have a good report, they don't need to keep reporting every time you write a check already. if you are looking for the free credit report usa national site, check out this site http://free-credit-report-national.com/ Here you can check your 3-in-1 Report from all three credit reporting agencies and your credit score rating. The report says you have the card and all the info about loan type and terms etc. and only when you don't pay or a late payment do they report it. The credit report is not an accounting balance sheet. Every month the credit reporting agencies get bad debts for the information to build credit reports. Once you have a good report, they don't need to keep reporting every time you write a check already.

if you are looking for the free credit report usa national site, check out this site

http://free-credit-report-national.com/

Here you can check your 3-in-1 Report from all three credit reporting agencies and your credit score rating.

]]> By: Drewboy http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-913 Drewboy Fri, 26 Feb 2010 05:26:56 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-913 Financing through your credit union can be a blessing, or a curse. A lot will vary depending on the size of your credit union. Interest rates at smaller credit unions can vary dramatically depending on the amount of money they have available to lend. One day they can be considerably cheaper than the marketplace, and next week be 1-2% higher. Check your rates in advance. Larger credit union's rates tend to be more stable with the marketplace, but frequently are less that market. It is good to be prequalified for that reason and use that information to go shopping. Find out what rate the dealer can get for you. If it is more than the credit union, then (and only then) tell them what rate you can get from your credit union and ask them to beat it. If you tell them the rate before they show their hand, they will only drop it enough to beat the rate (if they can), but if their rate can be even lower the dealer will not drop it any more than they have too. Know under what terms your credit union will finance. If it is new them may finance MSRP (sticker price), plus taxes, license, title, fees, etc. However, if it used, they may only cover what a certain book says it is worth plus some extra and that may not be enough. That is when running back and forth to the credit union to find what they will loan on the car can take place and the vehicle can get sold. However, some larger credit unions have indirect lending already set up at the dealership and the dealer can handle the loan processing right there saving you time and money. But always, always check terms and conditions, and maybe preapproval, with your credit union first. Financing through your credit union can be a blessing, or a curse. A lot will vary depending on the size of your credit union. Interest rates at smaller credit unions can vary dramatically depending on the amount of money they have available to lend. One day they can be considerably cheaper than the marketplace, and next week be 1-2% higher. Check your rates in advance.

Larger credit union's rates tend to be more stable with the marketplace, but frequently are less that market. It is good to be prequalified for that reason and use that information to go shopping. Find out what rate the dealer can get for you. If it is more than the credit union, then (and only then) tell them what rate you can get from your credit union and ask them to beat it. If you tell them the rate before they show their hand, they will only drop it enough to beat the rate (if they can), but if their rate can be even lower the dealer will not drop it any more than they have too.

Know under what terms your credit union will finance. If it is new them may finance MSRP (sticker price), plus taxes, license, title, fees, etc. However, if it used, they may only cover what a certain book says it is worth plus some extra and that may not be enough. That is when running back and forth to the credit union to find what they will loan on the car can take place and the vehicle can get sold.

However, some larger credit unions have indirect lending already set up at the dealership and the dealer can handle the loan processing right there saving you time and money.

But always, always check terms and conditions, and maybe preapproval, with your credit union first.

]]> By: jes24/7 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-916 jes24/7 Thu, 25 Feb 2010 21:12:28 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-916 That is EXACTLY how you will be sued. We have so many stubborn people in our court who come in guns blazing, ranting and raving about how they're being deceived and their case is fraud, etc etc etc because they never had an account with their Plaintiff. Visa is not going to sue you. Mastercard is not going to sue you. Chase is not going to sue you. They will refer your account to a collection agency. If you don't comply they will send the account to an attorney who will file suit against you. If you still don't comply you will have an incredibly inflated judgment against you. They will add in all sorts of penalties, fees and costs. It's best you use your energy to pay this off rather than trying to fight it in court. You will lose. That is EXACTLY how you will be sued. We have so many stubborn people in our court who come in guns blazing, ranting and raving about how they're being deceived and their case is fraud, etc etc etc because they never had an account with their Plaintiff. Visa is not going to sue you. Mastercard is not going to sue you. Chase is not going to sue you. They will refer your account to a collection agency. If you don't comply they will send the account to an attorney who will file suit against you. If you still don't comply you will have an incredibly inflated judgment against you. They will add in all sorts of penalties, fees and costs. It's best you use your energy to pay this off rather than trying to fight it in court. You will lose.

]]> By: urbantool http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-903 urbantool Thu, 25 Feb 2010 19:17:45 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-903 Nice Video, so true Nice Video, so true

]]> By: MA http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-911 MA Thu, 25 Feb 2010 15:18:44 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-911 Not sure which one they pull from, but..they are one of the easiest to get a credit card from. Just make sure if you do get one you pay on time...they have a tendency to call if you are one day late..and it's all day long everyday until they get the payment. I had one...won't deal with them again. Not sure which one they pull from, but..they are one of the easiest to get a credit card from. Just make sure if you do get one you pay on time…they have a tendency to call if you are one day late..and it's all day long everyday until they get the payment. I had one…won't deal with them again.

]]> By: jpro http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-907 jpro Wed, 24 Feb 2010 16:28:21 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-907 Actually., that's not 100% correct. Banks are insured by FDIC and most Credit Unions insured by NCUA. Both FDIC and NCUA are Federal Insurance Agency of the US Government. Both insurance coverages mirror each other with basiclly no difference. However, some credit union may select to be "State Charter" for various business reasons and are insured seperately by private insurance carriers such as ASI, etc. Actually., that’s not 100% correct. Banks are insured by FDIC and most Credit Unions insured by NCUA. Both FDIC and NCUA are Federal Insurance Agency of the US Government. Both insurance coverages mirror each other with basiclly no difference. However, some credit union may select to be “State Charter” for various business reasons and are insured seperately by private insurance carriers such as ASI, etc.

]]> By: rails http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-902 rails Wed, 24 Feb 2010 15:32:08 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-902 yeah i finally got a job and closed my bank account at bank of america so goodbye to all their fees and crap im going to a credit union but which one is good? yeah i finally got a job and closed my bank account at bank of america so goodbye to all their fees and crap im going to a credit union but which one is good?

]]> By: truth http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-904 truth Wed, 24 Feb 2010 10:37:52 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-904 Good job Dave. Good job Dave.

]]> By: eijlwq http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/comment-page-1/#comment-915 eijlwq Wed, 24 Feb 2010 04:24:59 +0000 http://scfm970.com/axis-bank-credit-cards-offering-the-lethal-credit-shot-to-eliminate-all-the-financial-insurgencies/#comment-915 No, you can have a credit card without having a checking account at the same bank. I have credit cards from banks where I never had accounts, and I still have two Bank of America credit cards even though I closed my Bank of America checking account. Why I have two Bank of America credit cards is another story. If the credit card is paid automatically using the checking account, you do have to make arrangements to pay it another way. Closing the checking account does not exempt you from paying the credit card bill. Obviously. No, you can have a credit card without having a checking account at the same bank. I have credit cards from banks where I never had accounts, and I still have two Bank of America credit cards even though I closed my Bank of America checking account. Why I have two Bank of America credit cards is another story.

If the credit card is paid automatically using the checking account, you do have to make arrangements to pay it another way. Closing the checking account does not exempt you from paying the credit card bill. Obviously.

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