Is GiffGaff refurbished phone, credit?

beckysheffield

glentoran99 wrote: »

Maybe you'll get a free tinfoil hat with your new credit card

I’ve given you lots of real life situations where the bank has made the consumer suffer.... yet you don’t dispute what I’ve said, just name call. I guess you don’t have an argument and like to give all control to the bank.

sourcrates

beckysheffield wrote: »

People of my parents generation didnt have a 0% mortgage, 30% was the going rate. People got paid cash, legally, but they didnt *have* to have a bank account. My father also had to sit down and have the I can afford it chat. Now it a 25 year old branch manager sitting at the computer Little Britain style.

So many people seem to think I have the problem for not willing to get credit, just because the bank orders me to. Slaves.

You know i actually agree with you in some respect, but the world has moved on since then, back when i was a youngster, early 1970`s, there was no due date to pay bills by, it was always the end of the month, as that's when most were paid.


We didn't have the massive amounts of personal debt back then either, credit cards were for the businessman, or the very well off, for most it was the HP, the man would come every week with his little book, we are now obsessed with credit, and credit rating, tends to be a part of most peoples lives now, but if you want a mortgage these days, unless your extremely wealthy, you have to play the lenders games in order to get one.

beckysheffield

sourcrates wrote: »

You know i actually agree with you in some respect, but the world has moved on since then, back when i was a youngster, early 1970`s, there was no due date to pay bills by, it was always the end of the month, as that's when most were paid.


We didn't have the massive amounts of personal debt back then either, credit cards were for the businessman, or the very well off, for most it was the HP, the man would come every week with his little book, we are now obsessed with credit, and credit rating, tends to be a part of most peoples lives now, but if you want a mortgage these days, unless your extremely wealthy, you have to play the lenders games in order to get one.

The bills always had a due date.

Again, it’s only a part of people’s lives because you and others seem subservent to it.

glentoran99

beckysheffield wrote: »

I!!!8217;ve given you lots of real life situations where the bank has made the consumer suffer.... yet you don!!!8217;t dispute what I!!!8217;ve said, just name call. I guess you don!!!8217;t have an argument and like to give all control to the bank.

Ok lets take them in order

Overdraft fees that were too high.

These weren't forced upon people, Banks are businesses, the terms and conditions of overdrafts were clear when people and businesses signed up to them

Asset stripping of businesses.

Businesses that borrowed money they couldn't afford to pay back? Should the banks just take the hit?

PPIs.

I'll conceded that one, as people weren't aware etc that they had been signed up. However a lot of people willingly and in full knowledge took these out, and claimed, others relied upon them

Credit crunch.

This would be when the banks were too generous and was too easy to get credit and then it all came crashing down, yet now they have tightened up lending criteria you don't like it

Need a bank account for a job.

Employers do this to make it easier for themselves, You clearly don't like banks, do you keep your money under the floorboards. Plenty of people get paid cash "legally"

Banks rescued by the state.....

See credit crunch




You keep saying about being controlled, That's deep rooted paranoia, You cant expect them to give you money without playing by their rules, IF you don't want to play by the rules you are free to do so, no-one is forcing you to

beckysheffield wrote: »

People of my parents generation didn!!!8217;t have a 0% mortgage, 30% was the going rate. People got paid cash, legally, but they didn!!!8217;t *have* to have a bank account. My father also had to sit down and have the !!!8220;I can afford it!!!8221; chat. Now it!!!8217;s a 25 year old branch manager sitting at the computer Little Britain style.

So many people seem to think I have the problem for not willing to get credit, just because the bank orders me to. Slaves.

You keep saying you don't want to get Credit, but isn't that exactly your problem, You do want to get credit? In the form of tens of thousands in the shape of a mortgage,


I hate to break it to you but a mortgage is credit, and the bank exerts more 'control' over someone with a mortgage than any other type of credit

BrassicWoman

beckysheffield wrote: »

I’ve given you lots of real life situations where the bank has made the consumer suffer.... yet you don’t dispute what I’ve said, just name call. I guess you don’t have an argument and like to give all control to the bank.

The easist way to keep control would be to not get a mortgage and pay for property outright


Otherwise yes, you get their money, they get some control.

PixelPound

So it's better to have a lot higher APR, have to book an appointment at a bank, rely on the whim of the bank manager and how HE feels (as in those days it was usually a he) as to whether you can get a mortgage or not, rather than being aware of your own credit history and practicing financial responsibility so that when it comes to applying you know your chances and its all taken on facts rather than a bank manager not liking your tie or thinking your eyes are too close together to be trustworthy,

beckysheffield

glentoran99 wrote: »

Ok lets take them in order


These weren't forced upon people, Banks are businesses, the terms and conditions of overdrafts were clear when people and businesses signed up to them


Businesses that borrowed money they couldn't afford to pay back? Should the banks just take the hit?


I'll conceded that one, as people weren't aware etc that they had been signed up. However a lot of people willingly and in full knowledge took these out, and claimed, others relied upon them




This would be when the banks were too generous and was too easy to get credit and then it all came crashing down, yet now they have tightened up lending criteria you don't like it


Employers do this to make it easier for themselves, You clearly don't like banks, do you keep your money under the floorboards. Plenty of people get paid cash "legally"




See credit crunch




You keep saying about being controlled, That's deep rooted paranoia, You cant expect them to give you money without playing by their rules, IF you don't want to play by the rules you are free to do so, no-one is forcing you to









You keep saying you don't want to get Credit, but isn't that exactly your problem, You do want to get credit? In the form of tens of thousands in the shape of a mortgage,


I hate to break it to you but a mortgage is credit, and the bank exerts more 'control' over someone with a mortgage than any other type of credit

Ok I hate to break it to you but you clearly have no idea what’s happened in the world with regards to banks.

1) you need to research why the banks had to return all that money to all those people
2) no this https://uk.reuters.com/article/uk-rbs-legal/rbs-settles-businessmans-claim-that-bank-wrecked-property-business-idUKKCN1B31TZ
3) no, the Banks didn’t comply with FCA.
4) again you need to read more about the banks
5) no, everything relies on a person having a bank account and when it becomes a cashless society you have given up any right for any control. Now everyone knows about your spending habits and what you do.

On one side you are saying they are a business, yet if they are a private business why should the tax payer be bailing them out. You should really should travel and research. Also buy some virtual currency unless you like the bank having complete control.

beckysheffield

nic_c wrote: »

So it's better to have a lot higher APR, have to book an appointment at a bank, rely on the whim of the bank manager and how HE feels (as in those days it was usually a he) as to whether you can get a mortgage or not, rather than being aware of your own credit history and practicing financial responsibility so that when it comes to applying you know your chances and its all taken on facts rather than a bank manager not liking your tie or thinking your eyes are too close together to be trustworthy,

Someone’s gender is irrelevant, unless you are a sexist of a feminist.

A bank manager “not liking” you is subjective and had you actually written more about the Thatchers government banking reform, it would have held more weight.

Banking “back in the day” required a heafty deposit, you could only borrow 2.5 times salary and banks didn’t force a person to get a credit card with an APR of 39.9%, just because of a “credit rating”.

I would much rather have a building society, because you didn’t go to banks, look at my outgoings, deposit and general ability to manage money, rather than apply for THEIR products which are of no benefit.

I would be a much better canidcate then someone with credit cards, low deposit etc. yet you like the bank to control what you do with your life.

glentoran99

beckysheffield wrote: »

Ok I hate to break it to you but you clearly have no idea what!!!8217;s happened in the world with regards to banks.

1) you need to research why the banks had to return all that money to all those people
2) no this https://uk.reuters.com/article/uk-rbs-legal/rbs-settles-businessmans-claim-that-bank-wrecked-property-business-idUKKCN1B31TZ
3) no, the Banks didn!!!8217;t comply with FCA.
4) again you need to read more about the banks
5) no, everything relies on a person having a bank account and when it becomes a cashless society you have given up any right for any control. Now everyone knows about your spending habits and what you do.

On one side you are saying they are a business, yet if they are a private business why should the tax payer be bailing them out. You should really should travel and research. Also buy some virtual currency unless you like the bank having complete control.

Tax payer bailed them out because if they didn't we would have all been screwed.


I can choose to get paid by cash if I wish, perfectly legally, and in some cases I do. Its easier to put it in the bank though, Ive paid and do pay cash for many things, How do they bank know my spending habit.


Ill pass on the virtual currency thanks, Ive seen friends lose thousands, Ive also seen how difficult it can be to turn it into a spendable currency, Try getting a pint of milk with bitcoin see how you get on

glentoran99

beckysheffield wrote: »

Someone!!!8217;s gender is irrelevant, unless you are a sexist of a feminist.

A bank manager !!!8220;not liking!!!8221; you is subjective and had you actually written more about the Thatchers government banking reform, it would have held more weight.

Banking !!!8220;back in the day!!!8221; required a heafty deposit, you could only borrow 2.5 times salary and banks didn!!!8217;t force a person to get a credit card with an APR of 39.9%, just because of a !!!8220;credit rating!!!8221;.

I would much rather have a building society, because you didn!!!8217;t go to banks, look at my outgoings, deposit and general ability to manage money, rather than apply for THEIR products which are of no benefit.

I would be a much better canidcate then someone with credit cards, low deposit etc. yet you like the bank to control what you do with your life.

You have no income, What makes you a better candidate than someone with a job, Regular income, and a record of borrowing and paying back credit ? all verifiable?

Its credit scoring not credit rating

Back in the day you could borrow 2.5 times income, do you know what 2.5 times 0 is?