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OH THIS IS BLOODY DIFICULT
Checking: 10.21 Credits | Savings: 0 Credits | Rating: 0
Transfer Checking to Savings Savings to Checking
Reason
Amount 1% Fee
Minimum savings of 1.00 Credits required for 10% interest every 7 days. Deposits require pending time of 0 days before interest accrues, or a 0% early withdrawal fee applies. Deposits may be moderated. Maximum savings of Unlimited Credits allowed. Transaction fee of 1% applies on all transfers.
So savings is like deposit before? And that 1% fee for each transaction is like when I deposit 10, I pay 0.1 point for depositing? What does Rating mean?
Sorry. my english sux when it comes to bank and administration stuff
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Yep. You got it right.
Rating, or Credit Score is a seperate (private) ranking from 0 - 100 that tells the system wether you are a 'good' user or 'bad' user.
Failing to repay a loan and getting infractions lowers your rating, and keeps you from buying stuff in the future (when it gets too low).
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How this "Savings"-system work?
Yesterday I started with 10 points and I put 4 + 5 points to savings. Today I have 6.63 points by "Checking" and 4.40 points by "Savings". But it must 9 or 8.x points in "Savings". Where are the points?
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Not sure I follow... you made 2 deposits into savings? 4 and 5?
It looks like your 4 went through and your 5 didn't.
You got the 10% credit on the 4 (this is supposed to be every 7 days, but we accidently had it setup up for 1 day instead) and now have 4.40.
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