applie

I have had problems with NFCU this week (so much so that I told them where to shove it), and my husband in his attempt to deal with them was told they do not make branch phone numbers public in order to "reduce overhead". First you must call the 888 number, they try to help you, and then maybe, just possibly, if they cannot figure out how to fix it they might connect you with someone at the branch. After discovering their inability to work with their branches regarding bad faxes, their inability to effectively communicate issues (saying they call or send messages when they don't), a csr calling me a liar, the same csr telling me that despite taking paperwork down to the branch to get faxed to the "loan officers" it is still my responsibility to sort out problems with the fax image from their fax machine to their fax machine, and screaming "you asked for the money. we can require you to do anything we want. you have to do what we want" after I asked them why they cannot sort out the problem with the fax internally since I had in fact provided NFCU with the documents they requested. Yep, it was all over for me. As a person who has worked in banking and has extensive relationships with a variety of financial institutions, my experience has not given me much confidence in them as a reputable institution. PS- Both my husband I have FICOs in the 790s to low 800s with no previous credit problems, we were applying for an auto loan (got a 1.99 rate), and we didn't even need the loan because we can afford to buy a car outright. (I find Creditboards to be fascinating, thus I regularly read despite having never experienced my own credit problems.)

Um, the USAA AMEX does not have the same purchase protection program as "real" AMEXes that are issued by Centurion Bank. Costco AMEX is not a retail card, it is a co-branded AMEX issued by Centurion Bank. Thus it is a "real" AMEX that participates in a special partnership with Costco for the cash back rewards program.

No. I believe you are wrong. I was referencing them talking about the article--not quoting you. I read it as an approximating "quote" from the article and a commentary as to what they "learned" and as an example they drew from the article exhibiting what they called "so much referencing context from the mortgage industry and what used to be good". Exact quote: I fail to understand what this had to do with your quote. Although, I did not find the quote you extracted from the article to be all that valuable in regards new knowledge territory either it at least seems accurate and logical. I can see any of the above options for attaining a 720 as actual possibilities given what little we know of the risk modeling algorithm. He seemed to be talking about score ranges and APRs (also talked about in the article, but not what you were talking about in the article). That is what I was addressing.

You do know that your child has to be employed in order for a Roth IRA to be opened in their name and money contributed. You should research eligibility requirements and the forms of compensation that are allowed to be invested into Roth IRAs. First Google hit for Roth IRA Requirements was not so bad. http://www.investopedia.com/university/retirementplans/rothira/rothira1.asp

I'm sorry, but I fail to understand how using score ranges to decide on APR is anything new for any type of loan. Many issuers will tell you what score you need (as well as any other factors they may take into account depending on the lender) to get a certain/better APR on a loan. Depending on the mortgage company a 680 could be the same a 719, or a 710 could be the same as a 730. It is the lender who sets the ranges for each type of loan. A certain APR range at one mortgage lender might not be same for another mortgage lender, and there might be different ranges for different types of mortgages within the same lender (this is just an example a second tier APR ranges) for a 30 fixed (i.e., 690-729), 15 fixed (i.e., 700-729), and ARMs (i.e., 680-719). That is one of the reasons you shop around for rates. The "719 is the same as 680" is just a generalization and is nothing really new. They did not say "the average range for a second or third tier APR has dropped or broadened" nor did they tell you how it differed from before.

I'm pretty sure USAA was defining relationship as having more products, not more money in your liquid savings. For instance, insurance, retirement accounts, other loans, utilizing their car buying or moving services, large CDs, etc. The more products you have the more the more they like you. Unless you are going to park several thousands of dollars, I doubt they are going to look at your liquid savings with them as more of a relationship (just like most other banks).

My SO and I had a domestic partnership for several years. However, we eventually got married because of the type of work we do, typically being state employees, and being dependent on how benefits are awarded to "unmarried" different sex couples between states. Plus, finally being able to add him to my USAA car insurance and other odd things like that became significantly easier. However, I never changed my name even after we got married, and nobody has ever questioned whether or not we were married. Pretty much all of my friends have kept there birth name after marriage also, and none of us (whether married or in a domestic partnership) have ever encountered problems with work benefits, financial institutions (except when they require you to be legally married or have a same-sex domestic partnership to enroll), or emergency healthcare. Before we got married, we did have powers of attorney and living wills created so that if there ever was a question or problem (especially when traveling) we would have legal backing (at least in the US) as medical decision makers. If I were you, I would not consider changing my name just for this reason. If you think your name is too confusing or hard to spell, you might want to legally change it once and for all to something of your own choosing (regardless of what your SO's name is).

1. You need to get a new advisor. Obviously, she is either milking you for commission money or she is not very knowledgeable about personal/consumer finance. 2. Open a new AMEX (either charge or revolving through Centurion). Make him an authorized user. Limit his monthly spending ability to whatever you want (you can change this online whenever you want to) and set the account alerts to let you know when the account reaches a certain balance and when a certain amount in spending has been reached each month. He can also have his own login where he can see what he has spent and make payments to it as well. This is what a lot of parents did when I was in college. 3. You need to provide personal finance education. Whether you sit down with him, have a personal banker or accountant, or someone else (though I would highly suggest against your financial adviser), you need to ensure he has it. Wharton is not going to provide him with a personal finance education. 4. When he has shown himself responsible with the AMEX then he should have a card in his own name. If he messes up with the new card he needs to be held responsible for it otherwise you will bail him out for the rest of his life.

Actually they have allowed the possibility of carrying a balance from a specific purchase for years on the charge cards--albeit a fairly secret feature. However, it has to be done with their pre-approval, a really good reason, and it is intended for extremely short periods of time (like two months, maybe more if you had a really good excuse). However, if they are now allowing for as low as $100 and they are "advertising" it that seems a little fishy. I can't think of any decent reason to carry a $100 dollar purchase ever unless you are really hard up.

When I called a week or two ago about something else with my account the CSR told me that the 5% off will start the middle of October for everybody (my statement cuts at the beginning of the month).

Chase is selling bonds and securities backed by credit card payments...not their credit card division or a portion there of. It is another flavor of like what was happening with the selling of securities that were backed by sub-prime mortgages that got us into this mess. One of many articles on one of the sells

Last I checked there is not a creditor comment section for things like "She is just a fabulous customer. I enjoyed taking her money every month" on reports and scores are not like report cards from grade school--"A+ in managing a subprime credit with high fees"

heh... FWF thread about this thread

A couple of months ago I made my annual call to waive the annual fee, and they offered to lower my APR and increase my credit limit. I have had no CLD nor rate hike.

Your bill was issued on 5/23. Your payment was credited on 6/12. That is over two weeks where interest can accrue. It shows your avg daily balance as around 748.00 which they can charge interest on since you had not PIFed the previous month also.