I personally don't want to carry a few hundred bucks around with me when making a purchase or put something on my credit card. Most stores other than the big box stores don't accept checks in my area. So if this is implemented when making a larger purchase a person will need to risk carrying a lot of cash around, hope the place takes a check or get a credit card if you have decent credit. I am curious how others feel about this?
I understand why the banks would do this if it isn't making them money or costing them money things will have to change. I just wonder if our legislature really thought about the consequences of the bill. This isn't the only one I have seen either.
Please keep it civil if possible.lol
Asked by Anonymous at 11:38 AM on Mar. 10, 2011 in Politics & Current Events
Answer by Anonymous at 11:39 AM on Mar. 10, 2011
Answer by Anonymous at 11:41 AM on Mar. 10, 2011
Answer by grlygrlz2 at 11:43 AM on Mar. 10, 2011
Answer by lovingmy4babies at 11:43 AM on Mar. 10, 2011
Answer by Crystal1124 at 11:45 AM on Mar. 10, 2011
Answer by tyfry7496 at 11:46 AM on Mar. 10, 2011
Answer by Anonymous at 11:46 AM on Mar. 10, 2011
Answer by gdiamante at 11:46 AM on Mar. 10, 2011
I'd be changing to ANOTHER financial institution.
I'm sure a lot of customers will be doing the same should it happen. What would that cost them?
~Exactly.... I can see them doing this for people who have had multiple incidents of Insufficient Funds/Poor credit... But overall ALL customers? I don't see it... It would be bad for business..
Answer by grlygrlz2 at 11:48 AM on Mar. 10, 2011
Answer by lovinangels at 11:51 AM on Mar. 10, 2011