Posted on 08/30/2023 11:39:46 AM PDT by RandFan
Never had this before but got a letter offering me up to a 30k personal loan.
The letter even entices you with suggestions: "Think what you can do with the money. A new car? A new kitchen?"
I thought that was grossly irresponsible.
The banksters are truly evil people.
That did cross my mind when I received the letter.
at least they didn’t say “Borrow from us or we will close your accounts!”
Thats the letter down the road.
Or, we noticed you’re not spending enough, so we took some momey out of your account.
Save your money in Paypal or Apple Pay and get 4.3% return
You must have a very high credit rating. They know that you’re good for it.
How are they securing it? First born male child?
My advice: Don’t invest it into one of Vivek’s businesses. LOL
Any chance it was a scam pretending to be your bank??
They make money by loaning money and getting paid back with interest. That’s the business they are in. What do you consider evil, that they offer you a loan?
We must get ten pitches a week in the mailbox for credit union loans, bank loans, new credit cards, etc. We just toss all of them.
They are in the business of providing loans and credit cards. That’s how they market their services.
You should be proud that you’ve got a good credit rating and they want to loan you money. I just don’t see “evil” in standard business practices.
No different than Drug Dealers.....................Here, have a free sample....................
A new car and a new kitchen
That’s what the bankers will buy with all the interest you pay them
I know that but the “marketing” I did not like that aspect...
How about this? I used my credit unions home equity line (3.24%) of credit to purchase a CD (5.5%) from them.
If my bank offered me a $30k loan I would be insulted............
No it was them.
I thought it was a termination notice or something.
It’s strange to get letters from them but it’s just them pushing a loan
This. When you see an ad for McDonald’s do you think they’re evil?
The banksters are truly evil people.
__________________________________
What’s so evil about that? I’ve got a $50,000 unsecured loan (Personal line of credit) at 8.5%.
Have you checked the rates and terms of their offer? It may be legitimate.
The wife and myself have been getting the same kind of letters from our bank that we have been with for about 20 years. Also get a 35 grand offer for a personal loan from our credit card company.
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