Not So Old Dog, But New Tricks

Been at training at a bank for a week and a day now...

Think the bank i'm working at has the longest training time for PFCs (personal financial consultants and not Phua Fried Chicken). As for classmates, gf was right, they are of a certain calibre in looks. Yes, the girls are all pretty and friendly. In this business, appearance counts for a lot and much as i hate the whole idea of aesthetics playing such a big part in employee selection, i see the merits of it in class everyday! :)

First week has been pretty darn interesting. Learnt a lot about credit cards and their ins and outs. Also, how the bank makes money from them. "Charge interest lor!", i hear you say. Yup, you got that right, a whopping 24% interest per annum. Ahh.. but you see, many peeps (and undesirably from the bank's point of view) are transactors who pay their CC bills before their 22 days are up. So what the bank really wants are people who revolve their credit card nonstop so they can pay their 24% :). Now to find such people to sign up, all for the glory of the bank! Of course it would suck if they defaulted or somehow squirmed out of it. No worries thuogh, good luck the next time they try and sign up for a credit card, see, there is this thing called a credit bureau that captures all the data of people and their payment patterns be it CC, loans or whatever. All in all, we had a glimpse of credit cards and the various deposits :)

If you wanna know some of the ways to errr...avoid uneccessary credit card fees, jump into lower interest rate credit facilities, feel free to let me know, i'll help on condition that u sign up for a credit card with me :))