Ableton Forum

mikemc wrote:Have a credit card I haven't been using with a zero balance on it. I called up to cancel it. They asked "why are you cancelling?".

I said "To eliminate banking services. I am eliminating as many banking services as possible."

A wonderful silence occurred, followed by the obligatory attempt to get me to reconsider, which gave me the opportunity to repeat what I had said.

That phrase frightens them. [edit] I encourage you to do the same.

dum wrote:

mikemc wrote:Have a credit card I haven't been using with a zero balance on it. I called up to cancel it. They asked "why are you cancelling?".

I said "To eliminate banking services. I am eliminating as many banking services as possible."

A wonderful silence occurred, followed by the obligatory attempt to get me to reconsider, which gave me the opportunity to repeat what I had said.

That phrase frightens them. [edit] I encourage you to do the same.

piiiiffffffffeedddt.

Real men max out the credit card and ignore the subsequent 'threatening' letters for months.
Then they cancel the card for you.

FTW.

dum wrote: piiiiffffffffeedddt.

Real men max out the credit card and ignore the subsequent 'threatening' letters for months.
Then they cancel the card for you.

FTW.

mikemc wrote:fwiw, I really am getting rid of as many banking services as I can.

It is a huge trap, you set up automatic payments to cover the minimum and then some and think you are all fine.

Then they switch your date so you miss a payment, and then that affects your minimum and boosts your interest rate. Then they lower your limit so you go over the next time you buy something.

Then they lobby the government to keep allowing them to do all of that, the only new restriction is that they just need to tell you a little sooner when they are going to jerk your chain.

aisling wrote:

mikemc wrote:fwiw, I really am getting rid of as many banking services as I can.

It is a huge trap, you set up automatic payments to cover the minimum and then some and think you are all fine.

Then they switch your date so you miss a payment, and then that affects your minimum and boosts your interest rate. Then they lower your limit so you go over the next time you buy something.

Then they lobby the government to keep allowing them to do all of that, the only new restriction is that they just need to tell you a little sooner when they are going to jerk your chain.

Take a look at your credit report in 60 days or so. Make sure it reflects that the account was closed at the "customers" request, and in good standing. Sometimes the banks pull a sneaky, and just put "account closed" on the credit report, which lowers and screws your credit in the long run, even though you did the rational and intelligent thing....

beats me wrote:

aisling wrote:

mikemc wrote:fwiw, I really am getting rid of as many banking services as I can.

It is a huge trap, you set up automatic payments to cover the minimum and then some and think you are all fine.

Then they switch your date so you miss a payment, and then that affects your minimum and boosts your interest rate. Then they lower your limit so you go over the next time you buy something.

Then they lobby the government to keep allowing them to do all of that, the only new restriction is that they just need to tell you a little sooner when they are going to jerk your chain.

Take a look at your credit report in 60 days or so. Make sure it reflects that the account was closed at the "customers" request, and in good standing. Sometimes the banks pull a sneaky, and just put "account closed" on the credit report, which lowers and screws your credit in the long run, even though you did the rational and intelligent thing....

On that note, what's the best site to get the most detailed and accurate credit report? There's a lot of half ass sites out there right now that ultimately just want you to shell out money for more options and monitoring.

v0ins315 wrote:Just signed up for a credit card. Buying 8 suite with it .