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packman

(16,296 posts)

14. Best thing I did-

Reply to hobbit709 (Reply #5)

Tue Nov 26, 2013, 10:51 AM

Nov 2013

started banking at Credit Unions. First thing, refinanced credit cards from 18% to 2.99% , saving close to $380 in interest which I am now applying to the principal. THen financing a new car thru them. The Credit Union made it possible for me to see a light at the end of the credit interest hole I was in. Best move ever, should have done it years ago.

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Highlight:

Banks Threaten To Charge You For Saving Money [View all] xchrom Nov 2013 OP

Great. I love buying my own money. JaneyVee Nov 2013 #1

I don't understand that, it's just wrong. a kennedy Nov 2013 #3

More folks will be closing their bank accounts. Trillo Nov 2013 #2

As a related aside: Shankapotomus Nov 2013 #4

+1 xchrom Nov 2013 #6

CREDIT UNION! CREDIT UNION! CREDIT UNION! hobbit709 Nov 2013 #5

I was going to say the same thing. Stop getting fucked by the banks! LuvNewcastle Nov 2013 #8

I absolutely agree but realize that's only a temp solution. The banks will get their Congress to rhett o rick Nov 2013 #10

Best thing I did- packman Nov 2013 #14

That's why I save my money in my mattress Capt. Obvious Nov 2013 #7

That's exactly what Captain Obvious would say. LuvNewcastle Nov 2013 #9

Two words: Credit Union Scuba Nov 2013 #11

I've been wondering what to do... ReRe Nov 2013 #12

There absolutely will be a run on the banks. I will not pay for the privilege of them Ed Suspicious Nov 2013 #13

They think... ReRe Nov 2013 #15

Interest rates on savings suck so bad LibDemAlways Nov 2013 #16

You have a choice. This website will show you the closest Credit Union to you, W T F Nov 2013 #17

thankfully, my credit union would never do something like this.... mike_c Nov 2013 #18