Comments on: Bank Credit Card – How To Get One As Your Financial Back-Up? http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/ Business, Finance, Marketting, Management Learning Fri, 02 Jul 2010 13:22:11 +0000 http://wordpress.org/?v=2.8.6 hourly 1 By: Missy-A http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1229 Missy-A Mon, 08 Mar 2010 14:45:20 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1229 You're just going to have to give it time. If your credit isn't up to par when you apply, there is no way to appeal the credit card company's decision. I would wait another 6 months and reapply. You're just going to have to give it time. If your credit isn't up to par when you apply, there is no way to appeal the credit card company's decision. I would wait another 6 months and reapply.

]]> By: earthlink http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1221 earthlink Sun, 07 Mar 2010 22:20:53 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1221 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: Felicia http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1227 Felicia Sun, 07 Mar 2010 18:23:26 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1227 Not without a Judgment against you, and if you are in Texas they Cannot Take that Out anyway. Even if they have a Judgment Against you. All they can do is list it as a Bad Credit Rating. Not without a Judgment against you, and if you are in Texas they Cannot Take that Out anyway. Even if they have a Judgment Against you. All they can do is list it as a Bad Credit Rating.

]]> By: truth http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1219 truth Sun, 07 Mar 2010 17:10:35 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1219 Good job Dave. Good job Dave.

]]> By: jpro http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1222 jpro Sun, 07 Mar 2010 09:06:12 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1222 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: psychic http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1216 psychic Sat, 06 Mar 2010 21:47:00 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1216 So change to a different CU. I guarantee it'll beat changing back to a bank. I actually liked my bank (Washington Mutual) but like so many others they gambled away their money and crashed and were soon taken over by Chase. Banking with Chase is a terrible, terrible experience. So off I went to my union-sponsored credit union. Man, am I happy. I'm now able to refinance my car with a lower interest rate and I get the hands on approach at my local chapter. It's even made me more cautious with my $ So change to a different CU. I guarantee it’ll beat changing back to a bank. I actually liked my bank (Washington Mutual) but like so many others they gambled away their money and crashed and were soon taken over by Chase. Banking with Chase is a terrible, terrible experience. So off I went to my union-sponsored credit union. Man, am I happy. I’m now able to refinance my car with a lower interest rate and I get the hands on approach at my local chapter. It’s even made me more cautious with my $

]]> By: corpo http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1220 corpo Sat, 06 Mar 2010 21:46:14 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1220 Credit unions pay higher interest on your money that alone is enough to switch. Credit unions pay higher interest on your money that alone is enough to switch.

]]> By: jes24/7 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1231 jes24/7 Sat, 06 Mar 2010 15:24:35 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1231 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: Drewboy http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1228 Drewboy Sat, 06 Mar 2010 09:25:48 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1228 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: eijlwq http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/comment-page-1/#comment-1230 eijlwq Fri, 05 Mar 2010 21:44:20 +0000 http://scfm970.com/bank-credit-card-how-to-get-one-as-your-financial-back-up/#comment-1230 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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