Tag Archives credit union day

Bank Scam #5: ING Direct (Soon to be Capital One 360)

http://justrpg.com/lets-plays/justrpg-plays-legend-zelda-breath-wild-nintendo-wii-u-episode-2 Bank Scam #5: ING Direct (Soon to be “Capital One 360”) I remember seeing the orange lion of ING Direct for the first time while surfing the internet. I was frustrated about the pathetic interest rates offered at my bank and had read that “Rich people don’t work for money, money works for them.”  I was searching for ways to put my money hard […]

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Bank Scam #2: “How to Get Good Credit”

Bank Scam #2: How to Get Good Credit Please be sure to read Bank Scam #1 (click here) before you read the other 9 scams. There may be important information in a previous post needed to understand each of the subsequent posts. To uncover how “get good credit” is used to scam Americans out of their hard-earned money, let me tell you a story of my […]

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Cast your vote: “Everyday is Bank Transfer Day”

Bank Transfer Day was November 5th 2011. And yesterday alone, 1,000’s of Americans left big banking. Today, 1,000’s more will leave. And tomorrow 1,000’s more Americans will leave big banking…many of them for good. Both Conservatives and Liberals are leaving too. It is good to see that this is one issue we can all agree upon. Even Sandy Weill, former Chairman (and creator) of Citigroup is abandoning big banking. Weill commented, “There is such a feeling among people, […]

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Are Credit Unions FDIC Insured?

For anyone who works as a financial professional, it is just a matter of time until they must answer the question, “Are credit unions FDIC Insured?” And yes, I get this question quite often when I am referring folks to their local credit union. Fact is, credit unions have better insurance than the FDIC. To understand how […]

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Want to get out of debt? Dave and Selina wanted to be less than “average”

Want to get out of debt? Dave and Selina wanted to be less than “average”

Want to get out of debt? If you ever wondered, How do I get out of debt?, you’re not alone.  In fact, you are considered an average household if you have total balances of $16,000 on credit cards alone. For anyone above $16,000–just being “average” could be a big step in the right direction. According to www.creditcards.com, the national average interest rate for credit cards is just under 15%, and a “low” interest card would be 10.4%. Those with “bad […]

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How to avoid ATM fees

How to avoid ATM fees $7,000,000,000. Yup, it is likely that ATM fees alone will generate 7 billion dollars in revenue this year for the banks. My question to you is “How much of that 7 billion will come from your bank account?” I spent hours surfing the Internet looking for “good advice” on ways to keep more […]

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How to Find a Credit Union

How to Find a Credit Union Perhaps you are still on the fence about firing your bank, to find a credit union? You may be asking, “Does a credit union require a special membership?” I had the same question when I decided to transfer my money from Wells Fargo to the Burbank Federal Credit Union. When I moved my money there […]

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Help Strengthen the Bank Transfer Day Campaign

Have you heard of Bank Transfer Day? The banks would hope that you never do so I feel it is my responsibility to tell you about it. It is only because of Facebook and other forms of social media that the banks are losing their grasp on middle American families. Real (non-bank) financial education is becoming freely available to all […]

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