Now here's some happy news...

"Kevin Vang" wrote in message
...
In article ,
says...

No real shocker there, except for the part where a lot of people are
ignoring this potential next shoe to drop(possibly alongside commercial
loan
defaults). Citi is in especially bad shape on this one.


Speaking as a former holder of a CitiBank credit card, CitiCorp and the
horse they rode in on can burn in hell (or bankruptcy court, whichever
takes longer.)

Kevin,
still a little bitter.

--
Kevin Vang
reply to kevin dot vang at minotstateu dot edu

I have a Citibank Card. The American Airlines mileage card. Has been a
good card. Paying for 2 kids college educations and one wedding and part of
the a 2nd one, we get some nice trips. Actually do not know what the
interest rate is as I never run a balance. And when I have been on a trip
out of the US and called to see what the balance was to pay on line, they
have said I could postpone the payment while out of the country. Since I
pay from the checking acct online I declined the delay, and just need the
amount to pay. Others, like me that pay the bill monthly seem to have no
problems with them either.

On Wed, 15 Apr 2009 20:05:29 -0700, "Calif Bill"
wrote:


"Kevin Vang" wrote in message
. ..
In article ,
says...

No real shocker there, except for the part where a lot of people are
ignoring this potential next shoe to drop(possibly alongside commercial
loan
defaults). Citi is in especially bad shape on this one.


Speaking as a former holder of a CitiBank credit card, CitiCorp and the
horse they rode in on can burn in hell (or bankruptcy court, whichever
takes longer.)

Kevin,
still a little bitter.

--
Kevin Vang
reply to kevin dot vang at minotstateu dot edu

I have a Citibank Card. The American Airlines mileage card. Has been a
good card. Paying for 2 kids college educations and one wedding and part of
the a 2nd one, we get some nice trips. Actually do not know what the
interest rate is as I never run a balance. And when I have been on a trip
out of the US and called to see what the balance was to pay on line, they
have said I could postpone the payment while out of the country. Since I
pay from the checking acct online I declined the delay, and just need the
amount to pay. Others, like me that pay the bill monthly seem to have no
problems with them either.

I, too, have a Citi card and have had it for over 20 years, never late, never
carried a balance. I, too, have been a good, responsible customer of several
"charge card" companies - I've turned down "invites" to AMEX gold and platinum
and _invites_ to AMEX black (...I mean, really - who in the friggin' **** has
such low self-esteem as to pay a dime for some "prestige" color of charge
card...and IIRC, that silly-assed thing was something like 2 grand a year and
was hand-delivered by an intern or some such nonsense...). I've had bank-issued
charge cards from a fair number of banks. And I've about had it with Citi -
IME, they could screw up making change for a US 10-dollar bill if one requested
that they do it with two smaller, equal-denomination US bills...

IMO, the current incarnation of "Citicorp" needs to sink or swim on its own
competence or lack thereof, and if some Arab royalty gets their ass handed to
them in the deal, tough ****...

TC,
R

On 15-Apr-2009, "Calif Bill" wrote:

eaking as a former holder of a CitiBank credit card, CitiCorp and the
horse they rode in on can burn in hell (or bankruptcy court, whichever
takes longer.)

Kevin,
still a little bitter.

--
Kevin Vang
reply to kevin dot vang at minotstateu dot edu

I have a Citibank Card. The American Airlines mileage card. Has been a
good card. Paying for 2 kids college educations and one wedding and part
of
the a 2nd one, we get some nice trips. Actually do not know what the
interest rate is as I never run a balance. And when I have been on a trip

out of the US and called to see what the balance was to pay on line, they
have said I could postpone the payment while out of the country. Since I
pay from the checking acct online I declined the delay, and just need the
amount to pay. Others, like me that pay the bill monthly seem to have no
problems with them either.

We used to play the float- when there was one- I would make major cc
purchases right after paying my bill in full and on time to the day - as we
always do w all our cards
I would never pay their interest rates
But they have shortened the period and this is now far more difficult to do

As for Citicorp I also have had only bad experiences - same w Bank of
America - **** 'em both

The new NY Mets ball park is called Citfield
I hope they change the name.

Fred

On Wed, 15 Apr 2009 19:57:28 -0500, Kevin Vang wrote:

In article ,
says...

No real shocker there, except for the part where a lot of people are
ignoring this potential next shoe to drop(possibly alongside commercial loan
defaults). Citi is in especially bad shape on this one.


Speaking as a former holder of a CitiBank credit card, CitiCorp and the
horse they rode in on can burn in hell (or bankruptcy court, whichever
takes longer.)

Kevin,
still a little bitter.

I won't pry, but if you feel comfortable in expounding, please do.

Coincidentally, today we received unexpected replacement cards from them because
_YET_ANOTHER_ "security breach" caused them send them out. This is the third
time in two years it has happened (and no, these were not isolated to us). And
another time, Citi allowed someone who fraudulently used a slight variation of
my legal name, using my SSN, except for a single digit, but using a completely
different birthday and address nowhere close to anything of mine, to open a
fairly large credit line card and max it out that day.

Moreover, I have small mortgage on a property with CitiMortgage, never late, and
with a LTV of about 25-35%, that has been handled ridiculously - never anything
to do with late payments or anything, but the property was damaged in Katrina,
being rehabbed, and they are constantly scheduling inspections, which I allow
and meet the inspector and have the inspection, only to have them call me and
ask why I cancelled the inspection. Even three conference calls, _and reports,
pictures, and invoices_ from the inspector, haven't convinced them the
inspections have taken place. They have also increased the payment by a couple
of hundred dollars to cover an alleged escrow shortfall due to an alleged
insurance increase that the insurance company itself has told them is not and
will not occur. Another time, they screwed up the escrow account by taking a
$76.00 yearly tax increase as a $76.00 monthly tax increase (I've never even
heard of monthly assessment of county/parish real property tax, but ???) Several
other similar things have convinced me that CitiMortgage is run by a box of
particularly dumb rocks, a load short of several bricks, and the dullest tool
ever to apply for a place in any toolshed...

And for the record - CitiMortgage, CitiMortgage, CitiMortgage, CitiMortgage,
CitiMortgage, CitiMortgage, CitiMortgage....sucks, sucks, sucks, sucks, sucks,
sucks, sucks, sucks...please feel free to quote me on that...repeatedly...

TC,
R