Banks DISSATISFACTION Thread

[Gippo]

Swan lashes ANZ over rate rise

ANZ lifts rates on its own.

This is the thread to vent your frustrations at these institutions.

My contribution = The best from this thread will do nicely 96WTK: your favourite one word/line insults.

[Spock]

Banks are private businesses - they can do what they want. This is what happens in a 'user pays' economy. Get used to it.

[Barfridge]

So use your outrage and energy to shop around.

Complaining on PSB is about as useful as pissing into a fan.

[Gippo]

So
PSB is about as useful as pissing into a fan.

Fixed. Spreads it nice and good.

I don't bank with ANZ.

Google Oligopoly Game Theory and you put it all together for yourself champ.

[dugy]

Interesting NAB vow to have the lowest rates....but ANZ is still cheaper after their rate rise. ???

[Barfridge]

Fixed.

So why are you here?

red x in the top corner if you don't like the place.

[likefry]

get a mortgage broker.

We have 1.06% off the standard variable rate for the life of our loan and only pay $395 p/a for all credit cards, accounts and loan fees. also 100% offset. With Westpac

[Scoundrel]

Fixed. Spreads it nice and good.

I don't bank with ANZ.

I do, and now that wifey works for Bank of Queensland, we have access to staff discounts at BoQ. Bye bye ANZ

[Gippo]

So why are you here?

red x in the top corner if you don't like the place.

I'm here because I like you very much. In fact I wanna be your best buddy always chatting and hanging out.

As for banks, they needed the promise of public funding to prevent them from failing and yet rip us any opportunity they get, lay off hundreds of people and generally put profits before customers and people.

Great work...

[Spock]

As for banks, they needed the promise of public funding to prevent them from failing and yet rip us any opportunity they get, lay off hundreds of people and generally put profits before customers and people.
..

This bit I agree about totally with you. Banks and other corporations want it both ways - independance from govt interference and government assistance when they need it. Sadly, the cheeky bastards have lots of friends in high places....

[Gryphen]

Actually the banks don't need the public funding, and that's the problem the major banks have sourced substantial funding from overseas sources and due to our dollars strength it is more expensive, so the banks are cutting into their profit if they continue to follow the RBA.

Basically they have made a very poor business decision and now you have to pay for it.

I think they suck.

[TimTam]

ANZ increased it's rate by only 0.06% but it also decreased one of it's fixed terms which is still lower than the other banks.

[Gippo]

ANZ increased it's rate by only 0.06% but it also decreased one of it's fixed terms which is still lower than the other banks.

I would tell you to GTFO but I must respect your contribution and say thank you for commenting.

THank you.

[HughDMan]

If you switch banks, you will have to pay stamp duty on the new loan, so all those people who walk away will cop a nice stamp duty fee and also there is no guarantee that the other banks won't follow.
Plus registering the security and all that, you'll probably be up for at least a couple of thousand, I see Swan says to change banks, I see stamp duty goes to the govt. hmmmm

[HughDMan]

get a mortgage broker.

We have 1.06% off the standard variable rate for the life of our loan and only pay $395 p/a for all credit cards, accounts and loan fees. also 100% offset. With Westpac

On the westpac site it says up to .70% off the variable rate, how are you getting 1.06%. what is the actual rate you are paying. if you are getting 1.06% off I'll change to westpac

[Gippo]

Westpac followed suit and moved rates up today as well.

[Roger Explosion]

Pissing about interest rates is retarded. If you are significantly affected by a rate rise, then you borrowed too much in the first place.
Build a bridge or learn to manage your budget better.

[dugy]

Fuck you. That $6/week is a beer at the RSL!!!

[Roger Explosion]

Fuck you. That $6/week is a beer at the RSL!!!

Why, back in my day, 6 dollars would buy you a steak and kidney pie, a cup of coffee, a slice of
cheesecake and a newsreel. With enough change left over to ride the trolley from Battery
Park to the polo grounds.

[Crobbo]

I agree with Spock they are private company's out to make profit. Shareholders expect their dividends and growth.