Shittybank preys on students
ge...@dent.elsa.com
To: rep...@remailer.com
::
Anon-Post-To: misc.consumers.frugal-living
The negative comments about Citibank are 100% true. What makes Shittybank
so repulsive is that they prey on innocent and naive students. Shittybank's
collectors really gave us hell during our finals last year.
Tara Shannon Tucker
ge...@dent.elsa.com wrote:
: The negative comments about Citibank are 100% true. What makes Shittybank
: so repulsive is that they prey on innocent and naive students. Shittybank's
: collectors really gave us hell during our finals last year.
Same thing here in Canada goes for Scotiabank (sounds alike...hmmm..).
They lend out money for part-time students and ask for a minimum payment
per month, which is fine. Originally the payment was $40/month but in
the contract it stated that they had the right to change the interest
rate (or amount paid, I can't remember). Well, after the first payment
they *tripled* the amount to app. $130 a month. This is knowing full
well that people like me were only making $200 a month and that some
people were on social assistance and couldn't afford it. Although what
they did was perfectly legal, it was still a crappy thing to do.
I leaned my lesson however and will a) never deal with a shady bank
again, if it says they *can* do it, they will (oh and the loans officer
kept going on about how easy it was and that $40 a month was no big deal
and assured us it wouldn't be a problem). b) deal with scotiabank. c)
only get government approved loans.
TsT (whose friend had to live on her couch as scotiabank took her entire
welfare check, luckily she had just found a job!)
Elaine Gallegos
ge...@dent.elsa.com wrote:
: To: rep...@remailer.com
: ::
: Anon-Post-To: misc.consumers.frugal-living
: The negative comments about Citibank are 100% true. What makes Shittybank
: so repulsive is that they prey on innocent and naive students. Shittybank's
: collectors really gave us hell during our finals last year.
Did you run up a credit card debt with them?
Anonymous
Stop being so hard on me. I'm a student, and this is misc.consumers.
Whose side are you? The company's? Or is this a misleading name for
a newsgroup. Many names are misleading (example, many organizations that
purport to mitigate the evil of smoking are actually tobacco companies
in disguise). So perhaps this newsgroup is purely for the welfare of companies
and the word "consumer" is misleading!
We all had to pay only a minimum of $25 a month on our campus, okay. We're
all on pretty thin budgets and Citibank comes and tells us, use our card
as much as you like and you'll never have to pay over $25 a month till you
graduate. Later, they jacked up our interest rate as well as the minimum
payment due. They're screwing us now. You know what students do when they're under pressure, right? (Hint: cheap drugs) It's all because of this dirty bank. Do you know when Citibank's Collection Department puts on the pressure? It's during the finals week. What we need is some free lubricant on campuses, so that when Citibank screws us, at least it wouldn't hurt so much.
BD
It's your fault, cry-baby.
Like you really thought that you could charge-n-charge and never pay more
than $25/mnth (even if some salesperson did say that, which I really
doubt).. "Get real" for once in your childish life!
Anonymous wrote in message <6ngvr7$h3m$1...@basement.replay.com>...
Ben Jorgensen
In article <6ngvr7$h3m$1...@basement.replay.com>, nob...@REPLAY.COM
(Anonymous) wrote:
>
> We all had to pay only a minimum of $25 a month on our campus, okay. We're
> all on pretty thin budgets and Citibank comes and tells us, use our card
> as much as you like and you'll never have to pay over $25 a month till you
> graduate. Later, they jacked up our interest rate as well as the minimum
> payment due. They're screwing us now.
So you did not read the contract when you borrowed money and that is the
bank's fault? You knew what your budget was and how much your had to play
with. If money was that tight you should have never taken the card.
>Do you know when Citibank's Collection Department puts on the pressure?
It's >during the finals week. What we need is some free lubricant on
campuses, so >that when Citibank screws us, at least it wouldn't hurt so
much.
That's because they know that sortly after finals you will vanish into
thin air and getting the money that you owe them is going to be more
difficult. If you met your end of the contract that _you willingly agreed
to_ then the collectors would not be bothering you during finals week or
any other time.
I suspect you are a troll but even if you are not, I can't get all choked
up because you have to sleep in the bed you made.
--
The above represent my _personal_ opinions not those of anyone else unless they have been quoted.
I am on a SPAM restricted diet. Change .net to .edu to reply by email
Jaeger T. Cat
In article <1998070219...@basement.replay.com>,
<ge...@dent.elsa.com> wrote:
>To: rep...@remailer.com
>::
>Anon-Post-To: misc.consumers.frugal-living
>
>The negative comments about Citibank are 100% true. What makes Shittybank
>so repulsive is that they prey on innocent and naive students. Shittybank's
>collectors really gave us hell during our finals last year.
>
let me get this straight.... you're smart enough to be in college,
but too stupid to use a credit card?
Where's Darwin when you need him?
Allison Wolf
In article <6ngvr7$h3m$1...@basement.replay.com>,
Anonymous <nob...@REPLAY.COM> wrote:
>Stop being so hard on me. I'm a student, and this is misc.consumers.
>Whose side are you? The company's? Or is this a misleading name for
>a newsgroup. Many names are misleading (example, many organizations that
>purport to mitigate the evil of smoking are actually tobacco companies
>in disguise). So perhaps this newsgroup is purely for the welfare of companies
>and the word "consumer" is misleading!
Generally, I'm on the side of the consumer. But when you're doing
*anything* with a bank or submitting yourself to any other contract
you *need* to read the fine print on the contract! I agree that
what Citibank does (taking advantage of students who don't think
to read the contract) sucks, but ultimately if you buy more than
you can afford on your credit card you are the one responsible for
the debt, not the bank.
I am a student (just finishing up my doctorate), and have been a
student for a *long* time. Even if you're making only a small
amount of money, it's best to stay in your budget. I've known
students who have spent far more than they earned on their credit
cards -- and no one was *forcing* them to go out and splurge at
the outlet mall. They didn't *need* the stuff they bought.
Most students spend far more than they need to.....
>We all had to pay only a minimum of $25 a month on our campus, okay. We're
>all on pretty thin budgets and Citibank comes and tells us, use our card
>as much as you like and you'll never have to pay over $25 a month till you
>graduate. Later, they jacked up our interest rate as well as the minimum
>payment due. They're screwing us now.
You're supposed to be smart enough to go to college, and somehow
you buy the idea that you will ever be able to "charge all you want"
when you're on a thin budget? A credit card does not equal free money!
The only thing you can do is cut up the card so you don't use it
any more and work to pay off the debt the best you can. Maybe
next time you won't be suckered so badly.
>You know what students do when they're under pressure, right? (Hint: cheap drugs)
Some do, yes. Not all. And.....it won't help you any. It'll just
cost you more money that you'll have to pay off.
>It's all because of this dirty bank. Do you know when Citibank's
>Collection Department puts on the pressure? It's during the finals week.
Of course! Students have this amazing tendency to disappear during
summer break when they have debts to pay off or responsibilities to
live up to. If you don't make a habit of charging more than you can
afford, then amazingly the interest rate won't matter so much and
they can't jack up the pressure to the point where it hurts.
--
Allison Wolf,
allison*at*mathcs*dot*emory*dot*edu
Emory University, Atlanta, GA
cindy alvarez
vague as fog, and looked for like mail, (Allison Wolf) says:
: I am a student (just finishing up my doctorate), and have been a
: student for a *long* time. Even if you're making only a small
: amount of money, it's best to stay in your budget. I've known
: students who have spent far more than they earned on their credit
: cards -- and no one was *forcing* them to go out and splurge at
: the outlet mall. They didn't *need* the stuff they bought.
: Most students spend far more than they need to.....
My problems with Citibank were actually much the opposite of the
original poster to this thread -- I got a Citibank card because they
made such a big deal about how understanding they were about students
on small budgets, etc. I figured having a credit card for emergencies
would be great. So a year later, my emergency happens: my computer died.
I'm a web designer and tech support person, so my computer is really
my main source of income. I call Citibank, asking for a credit limit
increase because I need the computer -now- and it's worth it to me to
get socked with some interest fees.
"I'm sorry, we can't offer you a credit increase." Why? Because I
had a late bill -once- in the last year. Not "missed a payment",
and I always paid over the minimum, but once I mailed out my check
on time and it didn't get to them on time. I made it clear that this
was something of an emergency and the woman made some rude comments about
poor financial planning.
This is when I got an MBNA MasterCard, which I have never had a problem with.
c
Dorothea Salo
In article <359D388C...@kent.net>, jvan...@kent.net wrote:
> Allison, I am also a graduate student finishing my master's. You do have
a point about
> students not staying within their budget. I taught the last two
semesters and it sure
> doesn't seem to me that the undergrads I taught (majority but there were
exceptions)
> were on any kind of a budget. My oldest started university last Sept and
my next
> starts this Sept. With three of us in university, there is no choice but
to budget.
'Tisn't just undergraduates. I know some people in my department
who take out as much in student loans in a year as I spend to support
myself in two years -- and that's OVER AND ABOVE their TA salaries.
Since we now have tuition waivers for TAs, I must say I can't imagine
where all that money goes.
Dorothea
--
Dorothea Salo |
Gradual Student <*> | High Priestess of Mung
dmrovner (at) students.wisc.edu |
Elizabeth Shack
Allison Wolf (all...@mathcs.emory.edu) wrote:
: you buy the idea that you will ever be able to "charge all you want"
: when you're on a thin budget? A credit card does not equal free money!
: The only thing you can do is cut up the card so you don't use it
: any more and work to pay off the debt the best you can. Maybe
: next time you won't be suckered so badly.
I'm really impressed with my younger brother. (He'll be a fourth-year in
college this fall.) He is very irresponsible most of the time, spending
most of his paycheck as soon as he gets it. But he refuses to have a
credit card, since he knows he would run up a huge debt. It's a start, I
hope.
Beth
--
Elizabeth Shack
sh...@fas.harvard.edu
Allison Wolf
In article <dorothea-ya0240800...@news.doit.wisc.edu>,
>> Allison, I am also a graduate student finishing my master's. You do have
>a point about
>> students not staying within their budget. I taught the last two
>semesters and it sure
>> doesn't seem to me that the undergrads I taught (majority but there were
>exceptions)
>> were on any kind of a budget. My oldest started university last Sept and
>my next
>> starts this Sept. With three of us in university, there is no choice but
>to budget.
>
> 'Tisn't just undergraduates. I know some people in my department
>who take out as much in student loans in a year as I spend to support
>myself in two years -- and that's OVER AND ABOVE their TA salaries.
>Since we now have tuition waivers for TAs, I must say I can't imagine
>where all that money goes.
Yep -- the person I was referring to who blew all her money at the outlet
mall was a grad student. I couldn't believe it, since we get nice salaries
in our department......while she took out a student loan to subsidize her
spending, she complained about it when eating lunch out.
I've seen a lot of the same with undergrads. I'm not saying that there
aren't students out there who are really busting their buns to stay within
a tight budget and can't manage it for various reasons (funding their own
education, the entire family making *huge* sacrifices to send someone to
college, running into medical problems, etc.) so much as that many students
need to look at the way they spend their money much differently than they
do. I guess being a student myself, I have much less sympathy for the
"....but I'm a student...." cop-out I've often seen used.
Dorothea Salo
In article <359E3672...@kent.net>, jvan...@kent.net wrote:
> Dorthea, you are right and I should not have singled out just the undergrads.
> Most of my research (medical genetics) is done off campus so I have limited
> exposure to socializing with other grad students.
Oh, I wasn't being critical of you at all. I apologize if I seemed so.
I just have one particular case in mind of a graduate student who's a real
headshaker.
("My poor parents," she said one day. "My sister's getting
married this summer, and I'm getting married in January. That's $30,000
for them."
$30,000???????????????)
How does your TA program
> work? In my department, we are eligible for a TAship for the first two years
> of the master's program. If it takes longer to complete your degree, it
is easy
> to find that you do not have a source of income. Other departments do not
> offer a TAship so their students must rely on their own resources
> (scholarships, stipends, loans).
Oh, we're pretty fortunate in that regard, all things considered;
our salaries aren't high, but they're steady. Our department has a
helluva time staffing all its courses, so they'll give you as much work
as you can handle, just for the asking. (This is Spanish, by the way, in
a university with a three-semester foreign language requirement. You
understand the ramifications, I'm sure.)
We even hire folks from other departments, and we've been known to
go outside the university for help.
I won't say ('cuz I don't wanna get hauled up in front of the dean)
that the chronic TA shortage has something to do with what a pain in the
@$$ this department can be to study in...