Fug you, BofA

[Chimera]

Since we all love the idea of knob-gobbling credit unions as though they're infallible, let's remember that most credit unions are allowed to cross-collateralize credit card accounts with automobile loans, mortgages and personal loans as well as checking and savings accounts. If you default on your credit card, they can repossess your vehicle or freeze and levy your bank accounts.

So there's that.

that's why

1)you read before you sign

2)you pay your bills

[Davidson Deac II]

I bought a car last month and the bank I got the loan through paid off the old loan at my credit union. But it took them a couple of weeks. I didn't pay the payment, since it was going to be paid off, but the credit union took the money out of my checking account anyway, without so much as a email or any kind of notice. Pissed me off a little bit. They should have at least notified me. Fortunately, I do have overdraft protection, but it could have been a costly event.

[dimbee]

I've been with NCSECU for 9 years now and still no monthly fees/ass-raping

[Kitten Diver]

Since we all love the idea of knob-gobbling credit unions as though they're infallible, let's remember that most credit unions are allowed to cross-collateralize credit card accounts with automobile loans, mortgages and personal loans as well as checking and savings accounts. If you default on your credit card, they can repossess your vehicle or freeze and levy your bank accounts.

So there's that.

well yeah. they tell you that up front. also they wont give you a silly limit on your card and they'll work with you if your life turns to poo before they take said house/car, unlike big banks. BUT whatev have fun with those crappy mortgages and hidden fees bitches. :D