rradina
join:2000-08-08
Chesterfield, MO | reply to Romney2012
Re: Maybe it's time... And if my smart-phone's e-mail client gets caught in a loop and suddenly starts chewing through megabytes of data????
This hasn't happened to me but wouldn't it be nice if my carrier stopped my service rather than hit me for a $500 (or more) overage fee before my battery drained...
I have an iPhone and I do have periodic problems with having to delete and recreate all my e-mail accounts (I have three, Exchange, Yahoo! and G-Mail) because the e-mail client gets caught in a loop and drains the battery. I'm waiting for the day when it not only drains the battery but chews through gigabytes of data too.
This type of fine-print-deception is the same thing banks are facing. I think Karl hit the nail on the head when he used the term amoral.
Last summer I had about $8,000 in legal fees (I hate lawyers) on a bank credit line at 9% interest. My bank sent me a flier that said I could transfer balance to my credit card and get 0% for 12 months. I thought it was a good deal to use free bank money for a year. Unfortunately I didn't read the micro-print. They hit me with a 3% balance transfer fee. I still saved money but I was pretty upset about the transfer fee. I thought it was misleading to bury the fee in the micro-print. And lets face it, often these "contracts" have pages of fine print and why is it necessary for a consumer to read all of it to find out what kind of deal they are getting? Why can't they be up front and clearly identify the 3% transfer fee? I still would have transferred it because it did save me interest charges, but I would have a much higher opinion of my bank. As it is, I think it's full of a bunch of "amoral" theifs!. |
