Volmarias posted:

So, banking goons, why is it so hard to get a safe deposit box? It seems like every branch of every bank should have a few open at this rate but nearly everyone has no vacancy.

SpelledBackwards posted:

Wouldn't a sovcit have more respect for the independent-from-the-state, fully-owned-land of another of God's children, and therefore not gently caress with it unless he needed to steal electricity from him to power his cryptocurrency miners?

therobit posted:

If you are in a city, it is because real estate is expensive and they aren't opening a ton of new branches in areas with expensive real estate that are big enough for safe box facilities. Safe deposit boxes are a convenience service offered to customers because customers want that from their bank, not a money maker.

One of the things banks talk a lot about with sales staff is selling "sticky products" that will keep a customer coming to the bank and give them opportunities for additional sales. Free checking is one such service, but a safe box has to be stick as hell. Typically you pay for a year in advance and when you access it you are coming in to a physical branch and waiting in line in the lobby. Add in checking and a credit card, and suddenly it might be a huge pain in the rear end to change banks.

https://www.reddit.com/r/AskReddit/comments/9o3gkw/whats_your_hobby_that_would_recklessly_swallow posted:

What's your hobby that would recklessly swallow the most cash after your $20 million lottery winnings?

https://www.reddit.com/r/AskReddit/comments/9o3gkw/whats_your_hobby_that_would_recklessly_swallow/e7sbzo8 posted:

Horses. Allllll the horses. Import costs alone would eat up much of the money. State of the art barn with all the fancy bells and whistles. Olympic size riding arena. An apartment complex for my stable workers. On site farrier. Separate farm for quarantine and kill pen/auction horse rehab. I don’t play polo but let’s just add acreage for that while we’re at it.

All. The. Horse. Things.

SpelledBackwards posted:

Not a real BWM post, but an thought experiment in hypothetical horse BWM, since this thread loves that so much:



How dare she set up an area to kill God's most majestic creatures?!

SpelledBackwards posted:

Not a real BWM post, but an thought experiment in hypothetical horse BWM, since this thread loves that so much:



How dare she set up an area to kill God's most majestic creatures?!

Something Offal posted:

But what is it about SoCal and/or those professions / backgrounds that give rise to fraud? And what kind of fraud? Sounds really interesting.

Suspicious Lump posted:

I love hilarious BWM:


In the comments:


BWM: Not putting your dogs poop in your bin.
BWL: Making an enemy of your neighbor for no reason.

quote:

So my uncle has 33% of shares of a company himself and is a manager in it. He works with 2 other people, all 3 of them know the business pretty well. I was assigned to be a manager's assistant. I own 0% of the company and don't do much besides get some documents from one place to another.

Now my uncle bought another company from a friend and I currently own 100% of the company. I am the manager there and my uncle is the assistant. We work with the people from my uncle's company and they pretty much take care of everything, I just some times take take some documents to places. Is there anything I should know that I've entered this? I'm from Europe if that matters and am still an 18y/o finishing my last year in highschool.

KYOON GRIFFEY JR posted:

armenian power sounds like a hydroelectric utility in the caucasus

FAUXTON posted:

Armenian Power, aka the fisher-price version of the Russian Mafia. Bustouts and bank fraud are big with that gang. That's the biggest area of overlap, and making fraudulent trucking companies (or real ones which in no way match up to their paperwork) to launder money and get merchant processing (to monetize fraud cards) is another one of their associated methodologies.

Socal is super densely populated and AP isn't the only organized criminal operation but they're top of the list when it comes to bustouts. Vietnamese gangs lean more towards skimmers and ID theft, but ever since they started getting mail theft involved (e.g. use stolen identities tied to addresses in, say, Irvine or Arcadia, sign up for USPS delivery notifications, then lift the cards from the mail) the USPIS has been flexing some absolutely terrifying muscle in tracking down the perps.

You can't really just lock out an entire region especially southern california based on some gangs, and doing anything based on ethnic-sounding names is deep into territory so the losses to some degree are the cost of doing business.

therobit posted:

borrower with a good credit score would be someone you would want to give a cat loan to,

therobit posted:

Yeah, our documentation and procedures certainly do not identify ethnicities, just certain red flags that hey there learn passed to a manager. And the vast majority of apps from Armenians, Eastern Europeans, and Chinese are legit applications that we want to approve, we'r just need to hit the brakes of the are certain other circumstances present on the application.

It is kind of like how most of the time a Hispanic borrower with a good credit score would be someone you would want to give a cat loan to, but if he already has 4 active auto loans on the credit bureau you might want to confirm that he is the buyer and user of the car and not his cousin.

Cacafuego posted:

You need to work on your spellcheck.

Also: cat loans: the new dog loans?

^nice edit to remove all the misspellings lol

E: I could’ve sworn there was another paragraph there filled with misspellings, but maybe I’m losing my mind.

Lockback posted:

Are those GWM or BWM loans?

quote:

[Throwaway since my wife and some of my family and friends know my reddit username and I don't want anyone to see this]

Background information on us: My [29M] wife [29F] and I have been married for almost 3 years and together for almost 5 years. Our anniversary in less than 2 weeks. We have a child who will be 2 next month.

I just found out my wife has taken out multiple credit cards in her name without telling me. This was a complete surprise to me and I had no clue. We have one joint credit card but we pay the balance at the end of each month and only use it carefully to avoid overdoing it. I didn't know about these other cards. I found out by fluke and I was shocked. From what I saw she has about $10,000 in debt on these cards. It is all from buying Lularoe.

For people who don't know Lularoe is a clothing scam and pyramid scheme.

When we first got married my wife was always buying it and spending all our money on it. I had to ask her to stop because we couldn't afford it and she promised she would. I thought she did but now it looks like she didn't. I found boxes and boxes of the stuff hidden in our basement and in her closet.

We both work and earn the same amount. I thought we had no debt except for the mortgage on our house which we bought almost 3 years ago just before we got married. We split all the bills and everything equally and put into savings equally. I had no idea about her credit cards or her debt. I am furious and upset. She doesn't know that I know about the debt.

I don't even know how to process this. She promised she would stop. She got one or two packages from the person she buys it from since she promised to stop but both of them came with a sticker on the package saying it was free that she won in a promotion. I had no about any of this and honestly I am a bit numb. I had no idea she would ever do something like this behind my back. I didn't know she had it in her. I imagine confronting her in my head but I chicken out and pretend nothing is wrong.

My question is how do I even begin to unwrap and process all this? I feel like I have been punched in the stomach.

If you got through the whole thing, thanks for reading it.

TL;DR: My wife of almost 3 years and the mother of my child got credit cards behind my back and has $10,000 of debt from buying Lularoe clothes. It was a complete blindside to me. She hid the debt and the clothes from me. I don't even know where to begin with this

quote:

I had never heard of that... wow. This is as good of a revelation as the time r/relationships told me about adding visa gift cards to every grocery store purchase to hide other purchases from your spouse, which made a lot of weird transactions from when I worked at a designer store in college make sense (who buys $1k worth of things with a million $15-25 visa gift cards? use a credit card like a normal person). Now I know how people hide their Lularoe.

Teeter posted:

found this snippet in reddit:
https://www.reddit.com/r/relationships/comments/9o6bn4/i_29m_found_out_that_my_wife_29f_racked_up_a/


It’s called LulaJail? Basically wives keep buying the stupid leggings after their husbands have told them to stop and the vendor adds a little card saying “congrats! You won!” In there. So if the husband finds the package before the wife gets to it, she can just say she won them! Isn’t she suuuuuuuuuper lucky?! How the hell can she keep up the lie that she’s constantly winning leggings?

Your wife is lying about winning them. And I have no idea how you can track her spending especially if she’s opening cards behind her back. And if she’s so sheisty to be doing that AND lying about free leggings.... I dunno how to ever trust her.


Yup. That is the truth the vendors actually ask you if you want a congrats on the package just to throw off your husband. I was shocked when I was asked this.



edit: looks like OP was deleted, here's a copy:

Elysium posted:

Dustoph posted:

I'm actually surprised at the lack of gun posts in this thread.

the onion wizard posted:

Are there any gun MLMs?

GoGoGadgetChris posted:

Gun purchases aren't considered as silly anymore. Liberals started to warm up to the "own guns to protect one's self from tyrannical government" idea in late 2016

Dustoph posted:

I'm actually surprised at the lack of gun posts in this thread.

quote:

So I am currently in the process of thinking about moving into Long Island City, NY/ Williamsburg area and thinking about getting a loan rather than liquidate some of my assets.

The question I’m asking is is it worth it. I currently run a startup in preseed round and I have a $2000/wk salary ($8000/mo). After funding my salary will be back at 150k/year plus 33.33% revenue share after all expenses.

I have a car payment of $2000/mo for a financed car at 1.49% that I have about 24 months left on

I am looking to move into an apartment for about $2300-2600/mo and I want to know if it’s crazy for me to take out a loan for about $2500 at a low APR 6%ish, roughly $680/mo in payments. I have a great credit score and job security is not the issue, I just would rather not put up the cash and pay the 4000 on top of the loan over the next 3-5 years(likely to pay it off after we launch and become profitable)

I am quite the risk taker, but at the end of the day I could pay the loan back within the next couple months, but again I’d rather have more accessible cash flow now for operating expenses of the business and lifestyle.

Would love to know what you guys think

Weatherman posted:

edit: gently caress it

Lockback posted:

See if you can spot the BWM

Getting a loan for rent? Does it make sense
https://www.reddit.com/r/personalfinance/comments/9okrry/getting_a_loan_for_rent_does_it_make_sense/


I would bet money that the startup is blockchain based and the car is a Lambo.

bob dobbs is dead posted:

Revenue means not blockchain

bob dobbs is dead posted:

Revenue means not blockchain