I had a smal loan on my house for 20K - use this money to buy the place in Budapest. Ok all is good and I have been paying the loan. Loan balance was down to 5600.00 and at 7.5 % interest rate. Get offer in the mail about using my CC for balance transfer. On the Balance transfer I get 0% interest until July of 2010...WOW so I say why not. I find out the exact amount to be paid off on the 7.5% loan and it's 5600.00 about and to pay this off I have to send in a "Cashiers Check". So then I go to Bank of America get Cashiers check with the Credit card - now doing this for the 0% rate!! Well today I check my balance on the CC and find out I'm being charged interest on the balance and the interest is 24.99 %, Not 0% or even the 9.9 % which is the normal rate of the Card. Ok well here is the deal, I got a Cashiers Check so they call that a CASH Advance not a Transfer and the interest rate is 24.99% with NO 0% at all. Nice so I just took a 7.5% loan and turned into 24.99% loan and Paid 160.00 to do it....I'm a Genius!!!
Turns out when I was on the phone and they said ya just call US and we will put the money into your checking acount if you don't want to wait for the credit card Checks. So I think ok I can just have the cash put into my account by going into the Local B of A branch. So by not calling them and going into the bank it's now a cash Advance..........................Nice.
Come fucking on like I would do that, but I did and they will not CHANGE a FUCKING thing.
Ok laugh away
