Yes and I assume you’ll receive it by email as a pdf, because the last time I used a fax was around 1989, assuming we don’t count 3rd world countries… My bank approved a Home Equity Line of Credit, it comes with a mandatory 3-day cooling off period, the loan officer at the bank email me and reminded me that the final form had to be faxed back tomorrow, and couldn’t be sent early. My reply was how I feel about banking in the US. Continue reading You want it how?
The Planet Money podcast has a great summary of the topic I was frustrated and grumpy over about 15-months ago, the US Payments clearing system, known as the Automated Clearing House. which I discussed in a follow-up comment to this post. Except, they really didn’t get to the bottom of the problem. I wrote in a comment on their facebook page, here, but figured I’d post my comment here as well. “I was excited to hear this and actually set aside time to do it via the podcast. Your description of the problems and the explanation of the ACH was … Continue reading ACH – We got ya by the checks
I’ve finally had a financial epiphany. Since the summer of 2004 I’ve been totally focused on getting a perfect credit rating after I got turned down by AT&T for a lousy monthly cellphone contract as I had a -3 credit rating, despite owning a big house back in the UK and having a near perfect credit rating there. Anyone that reads my rambling will know that until recently I was still anal retentive about this. Especially since I paid off my mortgage and much to my horror, my credit rating dropped. It dropped last month as well and is down from a high … Continue reading Money too tight to mention, credit no longer matters
Some of you know I’ve been on a crusade to get the best credit score I could after arriving here in the US and getting refused a cellphone because I had a -3 rating, ie not-known, does not exist. Over 4-years I managed to get my credit rating to 730, and over the last 2-years I managed to get it up to 781. One thing they tell you in all the credit score get rich quick schemes is that your credit score isn’t a measure of how much money you have, it’s the ration of debt to credit and your … Continue reading Edit to the credit
So, as I pulled into the drive through ATM at the Amplify Brockton Branch yesterday to deposit two checks, worth combined less than $2, something grabbed my attention out of the corner of my eye. Yep, there was a guy on a bicycle in the drive through bank. Apparently it’s not all that uncommon, all I know is I laughed hard until I started to try to deposit the checks. Here is a zoomed version. Continue reading The Bike Through Bank
I’ve got one of those CapitalOne No Hassle cards, instead of getting worthless points, I get cash back based on how much I spend. I can use that “cash” on the same sort of useless purchases as I could with worthless points, or I can request a credit in my CapitalOne card account, or, yes, a check. I elected to just get the credit, $67.18 as an account credit. Seemed like a good thing, I clicked, confirmed etc. and then got the message Order Number: 19330721 Order Date: April 4, 2012 Estimated Posting Date: 5-7 business days I guess they … Continue reading No Hassle Cash – My foot
I don’t get it, I just don’t. For almost a year I worked to get away from the evil empire, Bank of America. I was proud that I’d moved all my business to a credit union, for UK friends and family, thats pretty much a building society. I bank with Amplify Federal Credit Union. I was pleased when just after the new year I shutdown my BoA account, cancelled my BoA credit cards etc.(1) As much as Amplify have been really helpful, their inability to do electronic payments to accounts outside the bank has got me to the point where I think it’s … Continue reading Banking in America