Rate Jacking Article Discussion

jimmywx11

I think I’ll give your other posts a miss. :rolleyes:


And as for the seller charges, your info is not totally correct. my parents own a small business and that’s what they get charged (2% ish). it depends on how much revenue you generate to what rate you get charged... some are as high as 5 %.

TFD_2

jimmywx11 wrote: »

I think I’ll give your other posts a miss. :rolleyes:


And as for the seller charges, your info is not totally correct. my parents own a small business and that’s what they get charged (2% ish). it depends on how much revenue you generate to what rate you get charged... some are as high as 5 %.

Other posts on this thread, that show something similar happened to me...

You're completely right, the charge does vary. This varies the profit made by the merchant services provider (the bank who processes the payments). The credit card issuers cut is not affected by this.

jimmywx11

cool. I accept your apology. xx

TFD_2

jimmywx11 wrote: »

cool. I accept your apology. xx

Don't think we're buddies yet Jimbo, my last post was still correcting your ignorant initial post...

jimmywx11

ok let me put it like this...... I’ve saved £££THOUSANDS£££ on doing things my way, instead of Eggs banking’s way. ok.

the name of this website implies that we are here to save money....... ok? ( money saving expert . com )



Just because it says in the T&C’s that egg are allowed to do what they want doesn’t make it so. To quote a great person (guess who) “ if I give you written notice that I will punch you in the face, does not mean that I can just punch you in the face”

Martin said that about bank charges. And I think it applies in this case......

TFD_2

jimmywx11 wrote: »

ok let me put it like this...... I’ve saved £££THOUSANDS£££ on doing things my way, instead of Eggs banking’s way. ok.

the name of this website implies that we are here to save money....... ok? ( money saving expert . com )



Just because it says in the T&C’s that egg are allowed to do what they want doesn’t make it so. To quote a great person (guess who) “ if I give you written notice that I will punch you in the face, does not mean that I can just punch you in the face”

Martin said that about bank charges. And I think it applies in this case......

This site encourages saving money responsibly. Defaulting on a credit agreement is far from responsible.

jimmywx11

once again you think you know better..that somehow you and only you know what is right for everybody. a very dangerous position to take.

consider this..... if I ruin my credit rating, then I can't get credit.... so I can't get into debt.... I don't have to pay interest..... I have to SAVE..... can you see where we are going......

(last post now I don't want to start a flame war)

TFD_2

jimmywx11 wrote: »

once again you think you know better..that somehow you and only you know what is right for everybody. a very dangerous position to take.

consider this..... if I ruin my credit rating, then I can't get credit.... so I can't get into debt.... I don't have to pay interest..... I have to SAVE..... can you see where we are going......

(last post now I don't want to start a flame war)

With your attitude to debt, it's a good job for the lenders that you can't get any more.

I understand you need to stop as you're starting to look a bit silly.

jimmywx11

TFD wrote: »

With your attitude to debt, it's a good job for the lenders that you can't get any more.

I understand you need to stop as you're starting to look a bit silly.

oh the poor poor lenders saved from meeeeee. thank the lord THANK THE LORD the moneylenders will not be swizzled by crazy ol Jim.....

TFD = problem

Jimmy = solution

no_cally_doe

Without it sounding like everyone is ganging up on you jim boy. There are points that I agree on with TFD.

Your right that's its not fair hiking up the rates as they wish but if you took out the product then you would have had to agree to the terms and for that the responsibility lies with you not the company. If I say to you I'll give you an apple for three apples in return, however I want to change my mind if i wish and you agree to my terms then I'm gonna take as many apples as I can and make me an apple pie, and apple sauce and freshly squeezed apple juice.

If you go against our agreement then I've lost the apples I was needing to make the pie so some joe who honours his apple commitments is gonna have to give me more apples regardless of his loyalty otherwise all I have is pastry!

Comprende?

For some strange reason I really want an apple just now