Advertisement email from my bank.... madness. Absolute madness.

[iamwhatiseem]

Subject Line: Do you have a rainy day savings fund?

Pitchline: "Lower your stress with a rainy day loan"

A bank advising you to take out a loan because you can't save any money.
Like a person who can't save money is not going to spend it.
This is one of the dumbest things I have ever seen.

 

[Mr Natural]

That doesn’t make any sense.

 

[Winston]

Subject Line: Do you have a rainy day savings fund?

Pitchline: "Lower your stress with a rainy day loan"

A bank advising you to take out a loan because you can't save any money.
Like a person who can't save money is not going to spend it.
This is one of the dumbest things I have ever seen.

I agree, that is one of the dumbest things I have ever seen. Banks are vultures.

 

[iamwhatiseem]

That doesn’t make any sense.

Right?
I had to read it again to see if I was reading it right.
WTF? Borrow money to put in savings because you are so undisciplined you don't have any money.
And a person like that is not going to spend it... and now not only have no money - but be more in debt??
Wow

 

[White 6]

Subject Line: Do you have a rainy day savings fund?

Pitchline: "Lower your stress with a rainy day loan"

A bank advising you to take out a loan because you can't save any money.
Like a person who can't save money is not going to spend it.
This is one of the dumbest things I have ever seen.

I knew somebody, like they were looking for. Whenever he got an approved offer of a new credit card with a decent credit limit, he said it was like a goal to be achieved,

 

[toobfreak]

Subject Line: Do you have a rainy day savings fund?
Pitchline: "Lower your stress with a rainy day loan"
A bank advising you to take out a loan because you can't save any money.
Like a person who can't save money is not going to spend it.
This is one of the dumbest things I have ever seen.

Bank of America was sued years ago for deliberately running up people's credit higher and higher who could not pay off their balances to get even more interest, keep them in debt, and eventually, foreclose on their homes and property.