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PotO

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Everything posted by PotO

  1. Most likely. I've had two AmEx softs on the same day. Same AmEx name but different addresses.
  2. Discrimination laws only prohibit discrimination based on certain factors. Non-military is not a protected class (the opposite is sometimes true - some laws prohibit discrimination against veterans). Race, sex, religion, and (in some states) sexual orientation are protected classes, and the bakery in Oregon ran afoul of the latter. So USAA can't be a whites-only bank, but it can be a military-only bank. And the bakery can't be a straight-only bakery, but it could be a left-handed person-only bakery. Thank you. That makes perfect sense. What if one permitted discriminatory factor by definition discriminates against one in a protected class? Let's say, for example, that Baptists are prohibited from joining any of the service branches. How does that play out?
  3. a mistake by one judge doesn't change the right. but if you're really that upset about them excluding you, you can sue them and see how far that gets you. It's not just one judge. In any event, you really should try reading. It's not all that difficult. I've been with USAA for years.
  4. True. It just seems strange that a business that costs taxpayers money can avoid serving all those same taxpayers. You are right in that it is what it is, but just seems strange.
  5. One of their moderators is also here. Forgot his name though.
  6. Oregon Community Credit Union (aka Duck / Beaver card) requires SSN. Still waiting to see if they report.
  7. Ok, but what about the cake guy in Oregon who was sued and lost? He either had to make the cake or the state would shut own his business. Why doesn't he have freedom of association?
  8. Time limits can be fatal in chargebacks. Hopefully they will let you submit a new dispute.
  9. Navy Relief approves very few unless you have a real hardship. Unfortunately (or not) they don't consider buying that new plasma TV or taking the family on vacation much of a hardship these days. Even with a real hardship, they just don't throw out money to anybody. If you have under a year to ETS they will not usually help you. And Navy Relief is anything but fast. With a strong tail wind, you're looking at a month.
  10. I always wondered (but was too lazy to explore) whether that was the reason that they used to (and perhaps still do) allow anyone in Bexar County to join. Sounds plausible. I also wonder how they can avoid the discrimination issue. Because they aren't a public corporation so can make their own rules If you want a banking product with them, I'm pretty sure you can still get an AMA account since SEC rules are different then banking and insurance rules. How can they make their own rules? What about that cake maker in Oregon (or wherever) that couldn't make his own rules because he had a business license issued by the state? What is AMA?
  11. I always wondered (but was too lazy to explore) whether that was the reason that they used to (and perhaps still do) allow anyone in Bexar County to join. Sounds plausible. I also wonder how they can avoid the discrimination issue.
  12. Totally. It seems like they are cutting off their nose to spite their face. Why give up the income generated by those "limited" members? Exclusivity and the ability to provide a more targeted customer demographic to partners. I can see where that makes sense. But what happens when that demographic is diluted? USAA touts their "military values" and to me that's just a buzzword -- when push comes to shove an empty phrase just designed to make us feel good. Even if it did have real meaning behind it, a significant number of USAA members have never served in the military. They are there because their parents obtained membership through their parents. What's so special about that? I don't really see anything so special about someone who spent two years in the army 20 years ago from a banking perspective or an insurance perspective either. What it seems like to me is that USAA stopped limited memberships because of a perceived decline of service quality. I read all the time how some people complain that they have to wait a long, long, long time to reach a representative. That's never happened to me. The longest I've ever waited is a minute or two and that's at peak times.
  13. I like the semiliterate pretend lawyer they have telling people that you can't sue CAs when they screw up. Other than that, the place is pretty fascist and threads where the first post is legitimate excitement over a CLI, but then followed by a dozen attaboys gets old real fast. P.S. Who is the boner lady?
  14. They said somewhere they were doing that to align themselves with other scoring models. What happens now when a lender gives you a score and doesn't tell you which one? Before you could tell it was FICO by the range. Not now.
  15. True. It costs thousands of dollars less.
  16. Totally. It seems like they are cutting off their nose to spite their face. Why give up the income generated by those "limited" members?
  17. The ownership of USAA bank is different than a normal bank, and how they can set their membership. It's been a while since I researched how this all works but I seem to remember it being wholly owned by the insurance branch so they can set membership rules as a completely private entity owned by their membership just like a CU. I just seem to think that a public entity such as a FSB should have to serve the public -- the whole public. Anyhow, I liked it better when they would let anybody join.
  18. Ok, stupid question time: What's the difference between a credit union and a federal savings bank now? It would seem that the only difference is profit vs nonprofit. Can FSBs set a field of membership? I don't really care one way or another about USAA's decision, but it just seems strange that a FSB can have a field of membership. What if we have a bank down the street that only allows people who have dogs open accounts? Since taxpayer dollars are eventually involved in supervision of FSBs, shouldn't they serve the entire community?
  19. While those on CB should understand the difference between FICO & FAKO, I bet the vast majority of the general population doesn't. A large number of newspapers, websites and even blurbs from the government only talk about credit scores. As long as the CRAs market their credit scores there will be people who think they are the one true credit score. And what about Vantage? That is marketed as a relevant credit score. They say Chase is using Vantage and on the Vantage Score website they claim something like 8 of 10 largest card issuers use Vantage. While that may (or may not?) be a crick of sh!t, I can see how the general public falls for it. I do find some worth in FAKOs. For example, if my FAKO at Credit Karma is 800 today and tomorrow it reports as 700, that alerts me to dig deeper -- sort of like a smoke detector. I'm not going to pay FICO $60 for scores every week nor pay the CRAs $35 a week for credit disclosures. But if I see a big drop in FAKO it might get my attention and motivate me to spend some money to investigate. So when folks here talk about their FAKO, it doesn't upset me. Just explain to them that they are called FAKOs for a reason -- educate them. Yeah, it's a sh!tty job, but someone has to do it.
  20. Not just in this case, but in several others the folks at Credit Karma are severely purple. I'm not sure if they still do this, but at one time they advised that closing an account would cause AAOA to immediately drop. They soldo stated that to gave an above average credit score you needed something like 21 active tradelines. Just a crock of sh!t. I've never used Credit Karma, so I'm not sure, but don't they have some kind of affiliate marketing plan? As when they "recommend" certain cards based on your credit profile and, if you get one, they'll receive a fee of some kind? If so, I see the hand of marketing in saying you need "21 active tradelines." Same with their warning that closing a card will result in immediate reduction of AAOA. Follow the money. I'd be very surprised if you were not right. They have to be making money off the offers. That would also explain why they want to push people into having scores of accounts. Of course, follow the money. Remember, though, that here's nothing damaging to your credit by simply having 10 or 20 or 30 or ? credit cards, though. With that said, CK is constantly recommending cards I already have, like the teal and orange turd I complain about almost every day. They always do that to me, too. In a way it's a positive since I don't have to fight the urge to app. I wouldn't fault Credit Karma for saying a few dozen accounts are ok, but I feel they are misleading folks when they say to get a higher credit score they an should have over 21 accounts. There must be folks here on CB who have excellent credit with under a dozen credit cards. Raising my hand...Seven cards (two obtained in the past two years), one bank LOC. 815-820 real FICOs. I'll bet there are many on this board with similar profiles. Just imagine if you had 25 cards. According to Credit Karma you'd have 975 FICO.

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