Bannedjoe
Well-known member
I'm fairly happy with my bank.
They don't come up with unexplainable charges and extra fees.
Their online banking is easy.
I can deposit checks with my phone app, and don't need to go to the bank.
I've been with them for over 20 years, and haven't had one problem that I can think of.
But that's not what this is about.
But this is....
I was recently sent a wonderful great thrilling offer!!!!
Invest minimum $20,000 for a year and receive an outstanding 1.7% APY!!!!!
Holy hell, I can tie up 20K for a year and get back a whole $340!!!!
I can hardly contain myself!!!!
Where the hell is the balance here?
If I want a loan, I'm going to pay anywhere from 9% to 24% or more.
But if I loan them money I get a pittance in return.
There's just something so wrong with this banking industry.
And then there's the title loan and pawn industry which can charge upwards of 400% if they should so choose.
I got caught up in something years ago where I got into trouble for accepting a cash return that was higher than industry standards.
They called it usery.
Wait.
I accepted an agreed amount of return, and I get into trouble?
Shouldn't the people who offered me the return be the ones who get into trouble?
None of any of this is right or makes any sense.
If I had shitonnes of cash...I'm certain there are way more lucrative ways to invest it.
Although some might be riskier and get you this
But really.
They don't come up with unexplainable charges and extra fees.
Their online banking is easy.
I can deposit checks with my phone app, and don't need to go to the bank.
I've been with them for over 20 years, and haven't had one problem that I can think of.
But that's not what this is about.
But this is....
I was recently sent a wonderful great thrilling offer!!!!
Invest minimum $20,000 for a year and receive an outstanding 1.7% APY!!!!!
Holy hell, I can tie up 20K for a year and get back a whole $340!!!!
I can hardly contain myself!!!!
Where the hell is the balance here?
If I want a loan, I'm going to pay anywhere from 9% to 24% or more.
But if I loan them money I get a pittance in return.
There's just something so wrong with this banking industry.
And then there's the title loan and pawn industry which can charge upwards of 400% if they should so choose.
I got caught up in something years ago where I got into trouble for accepting a cash return that was higher than industry standards.
They called it usery.
Wait.
I accepted an agreed amount of return, and I get into trouble?
Shouldn't the people who offered me the return be the ones who get into trouble?
None of any of this is right or makes any sense.
If I had shitonnes of cash...I'm certain there are way more lucrative ways to invest it.
Although some might be riskier and get you this
But really.