Hard to argue with logic like that. - GoFuckYourself.com

baddog · 03-31-2009, 07:55 AM

If I pay late, you make more money due to the late fees.

Rand · 03-31-2009, 09:41 AM

Yup.

There was a bank that got caught shredding payments from their credit card customers. The bank would claim they never received the payments so they could charge their customers late fees -AND- raise their APR.

Crazy eh?

Check out http://www.maxedoutmovie.com/

.

AssPirate · 03-31-2009, 09:43 AM

Wow, that's totally fucked! :-(

baddog · 03-31-2009, 09:44 AM

Quote:

Originally Posted by Rand

Yup.

There was a bank that got caught shredding payments from their credit card customers. The bank would claim they never received the payments so they could charge their customers late fees -AND- raise their APR.

Crazy eh?

Check out http://www.maxedoutmovie.com/

.

That is interesting, but I was referring to someone that was suggesting I should be glad he is always late with his payments.

Bored · 03-31-2009, 09:48 AM

In theory yes. In practice on a large scale, no.

grumpy · 03-31-2009, 09:53 AM

cashflow man cashflow

Mr Pheer · 03-31-2009, 10:27 AM

This is why autodebit rocks...

pornguy · 03-31-2009, 11:35 AM

Quote:

Originally Posted by Mr Pheer

This is why autodebit rocks...

I dont totally trust that but I have 1 payment set up like that

Sly · 03-31-2009, 11:58 AM

Quote:

Originally Posted by Rand

Yup.

There was a bank that got caught shredding payments from their credit card customers. The bank would claim they never received the payments so they could charge their customers late fees -AND- raise their APR.

Crazy eh?

Check out http://www.maxedoutmovie.com/

.

I'm partially convinced Wells Fargo does this. I've never had so much trouble making payments than with them.

03-31-2009, 07:55 AM	#1
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	Hard to argue with logic like that. If I pay late, you make more money due to the late fees.

03-31-2009, 09:41 AM	#2
Rand Industry Vet Industry Role: Join Date: Jan 2002 Location: Santa Monica, CA Posts: 2,663	Yup. There was a bank that got caught shredding payments from their credit card customers. The bank would claim they never received the payments so they could charge their customers late fees -AND- raise their APR. Crazy eh? Check out http://www.maxedoutmovie.com/ . __________________ -- Rand Payment Industry - Communications - Quality Assurance

03-31-2009, 09:43 AM	#3
AssPirate Confirmed User Join Date: Aug 2006 Posts: 2,135	Wow, that's totally fucked! :-( __________________

03-31-2009, 09:48 AM	#5
Bored Confirmed User Join Date: Feb 2002 Location: Canada Posts: 1,011	In theory yes. In practice on a large scale, no. __________________ If Satan Wore a Hairpeice, there would be HELL TOUPEE!! HTML Porn pbbc fo li

03-31-2009, 09:53 AM	#6
grumpy Too lazy to set a custom title Join Date: Jan 2002 Location: Holland Posts: 9,870	cashflow man cashflow __________________ Don't let greediness blur your vision \| You gotta let some shit slide icq - 441-456-888

03-31-2009, 10:27 AM	#7
Mr Pheer So Fucking Banned Industry Role: Join Date: Dec 2002 Posts: 21,582	This is why autodebit rocks...