I recieved my first paycheck! ah ha! finally my bank acc is starting to look good. but still i have to keep track of my expenses with $9000 debt. I started a wish list for the year. just in case, i forget.
speaking of loan, I am damn pissed with CBOC’s service. At first, when i told them i wanted to pay my loans partially by monthly repayments using cash, they told me i could only pay cash once, and had to open an bank account. So I opened a savings bank account(service charge of $2 if balance falls below $1000). The problem is that I could have opened a basic bank account(service charge of $2 if balance falls below $500). , given that my monthly income was essentially $0. And to open the basic bank account, i have to close the savings bank account, paying $30 early termination charge. my rationale for them not offering the basic bank account was that the guy wanted to gain some kind of commission from the savings bank account.
So I went out to run an experiment on my own. To prove that I can pay cash twice, I took out $1000 cash and went to CBOC to pay my second instalment (my parents paid off half the loan using cash). And the bank teller took my money, no questions asked. I was so pissed that i took out essentially every cent from my CBOC bank account leaving $30 for them to deduct the service charge ($12 over 6months is better than $30, so screw you CBOC). I will close the acccount in 6 months and repay the rest in cash from my posb account. (double screw you CBOC)
lesson learnt: DO YOUR HOMEWORK BEFORE YOU BUY SOMETHING. SERIOUSLY.
