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Old 04-02-2008, 07:30 PM
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Originally Posted by Back-cracker,Apr 2 2008, 07:24 PM
As the feds cut the rates, the CD rates are affected. You should pay down the principle of your home, then a 4-5% interests rates.

Cutting your home loan from 30 to 22 years, with an extra 500-1000 a month, saves you double.
this would be the smart thing to do..although with the housing market being in the tank right now...lenders are getting VERY strict on who they approve for a refi..

did i mention i also do 1STs and REFIs....

-a
Old 04-02-2008, 07:31 PM
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Originally Posted by Back-cracker,Apr 2 2008, 07:28 PM
Bump for alvin
thanks mike!


thanks s2ki!

-a
Old 04-02-2008, 07:50 PM
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Congrats again Alvin. I am sure WFB is kicking themselves in the ass now that you're with BofA

Help out a good guy folks As a banker he's sworn to secrecy about your personal finances so no worries there.
Old 04-02-2008, 08:23 PM
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Do you get anything if someone opens an account with the investment side of the bank? Is the minimum $200K?
Old 04-02-2008, 08:26 PM
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Originally Posted by Bert05GPW,Apr 2 2008, 09:23 PM
Do you get anything if someone opens an account with the investment side of the bank? Is the minimum $200K?
Any accounts that Alvin makes, he gets a bonus chip. The ones with the most chips at the end of the quarter gets a reward. If they keep this up, 1-2-3 place, for many quarters, it looks good on their resume, and better chance of moving up on the ladder.


The tellers gets a few bucks if you open a CC, line of credit and so forth.
Old 04-02-2008, 08:35 PM
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Your in a pretty good position for someone that doesnt have a college degree (read your myspace). Good luck to you.
Old 04-02-2008, 08:36 PM
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Originally Posted by Gatsbee13,Apr 2 2008, 09:35 PM
Your in a pretty good position for someone that doesnt have a college degree (read your myspace). Good luck to you.
I'm not sure about BOFA, but there was a thread on a worker who got fired for not having a degree....
Old 04-02-2008, 08:38 PM
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hmm.. wonder how they got hired.. must've lied about it on their resume.
Old 04-02-2008, 08:39 PM
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Originally Posted by Gatsbee13,Apr 2 2008, 09:38 PM
hmm.. wonder how they got hired.. must've lied about it on their resume.
Yeah, that was the deal. I was going to do a search, but I'm too lazy
Old 04-02-2008, 08:43 PM
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I work for Countrywide, which is basically BofA now.. the highest ive seen someone w/o degree move up is AVP (assistance vice pres.). This person started at the bottom too and worked their way up pretty quickly. But i wonder how things are going to change as far as promotions are concerned when the merger takes place.


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