vpFREE2 Forums

Bob Dancer's LVA - 23 JUN 2015

For us having a credit line works well. I like Dancers article because it is a reality check for how you handle your money! We have never went to ATMs. We use the credit line as a way to just write out one check as we leave....unless we pay it off in cash :slight_smile:

It cannot be emphasized strongly enough that there are no fees attached to the LOC. The ATM fees charged by the machines in casinos are absurdly high. Another reason to use an LOC.

Frank

路路路

Sent from my iPad

On Jun 24, 2015, at 6:10 PM, "gaylen u udyge@yahoo.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:

For us having a credit line works well. I like Dancers article because it is a reality check for how you handle your money! We have never went to ATMs. We use the credit line as a way to just write out one check as we leave....unless we pay it off in cash :slight_smile:

[Non-text portions of this message have been removed]

One question might be: does whoever grants the LOC make any credit inquiries on you, and can that potentially impact your credit score?

The ATM option can be fee-free if you establish an account at a no-branch bank. Typically these banks will reimburse any ATM charges you incur.

Or, depending on the casino, and your tier level with them, they may allow direct debits from your checking account and waive any of the usual fees.
Either, or both, of these options can give you access to fee-free cash directly at the casino without going through the process of establishing an LOC.
Certainly the game is rigged. Don鈥檛 let that stop you; if you don鈥檛 bet, you can鈥檛 win. -Lazarus Long
In theory, there is no difference between theory and practice. But, in practice, there is. -Yogi Berra
There is no such thing as luck. There is only adequate or inadequate preparation to cope with a statistical universe. -Robert Heinlein

路路路

From: "Frank Badach fdbadach@aol.com [vpFREE]" <vpFREE@yahoogroups.com>
To: "vpFREE@yahoogroups.com" <vpFREE@yahoogroups.com>
Sent: Wednesday, June 24, 2015 9:18 PM
Subject: Re: [vpFREE] Re: Bob Dancer's LVA - 23 JUN 2015
聽聽聽
It cannot be emphasized strongly enough that there are no fees attached to the LOC. The ATM fees charged by the machines in casinos are absurdly high. Another reason to use an LOC.

Frank

Sent from my iPad

On Jun 24, 2015, at 6:10 PM, "gaylen u udyge@yahoo.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:

For us having a credit line works well. I like Dancers article because it is a reality check for how you handle your money! We have never went to ATMs. We use the credit line as a way to just write out one check as we leave....unless we pay it off in cash :slight_smile:

[Non-text portions of this message have been removed]

聽聽#yiv2780760099 #yiv2780760099 -- #yiv2780760099ygrp-mkp {border:1px solid #d8d8d8;font-family:Arial;margin:10px 0;padding:0 10px;}#yiv2780760099 #yiv2780760099ygrp-mkp hr {border:1px solid #d8d8d8;}#yiv2780760099 #yiv2780760099ygrp-mkp #yiv2780760099hd {color:#628c2a;font-size:85%;font-weight:700;line-height:122%;margin:10px 0;}#yiv2780760099 #yiv2780760099ygrp-mkp #yiv2780760099ads {margin-bottom:10px;}#yiv2780760099 #yiv2780760099ygrp-mkp .yiv2780760099ad {padding:0 0;}#yiv2780760099 #yiv2780760099ygrp-mkp .yiv2780760099ad p {margin:0;}#yiv2780760099 #yiv2780760099ygrp-mkp .yiv2780760099ad a {color:#0000ff;text-decoration:none;}#yiv2780760099 #yiv2780760099ygrp-sponsor #yiv2780760099ygrp-lc {font-family:Arial;}#yiv2780760099 #yiv2780760099ygrp-sponsor #yiv2780760099ygrp-lc #yiv2780760099hd {margin:10px 0px;font-weight:700;font-size:78%;line-height:122%;}#yiv2780760099 #yiv2780760099ygrp-sponsor #yiv2780760099ygrp-lc .yiv2780760099ad {margin-bottom:10px;padding:0 0;}#yiv2780760099 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[Non-text portions of this message have been removed]

They might check your credit score. They most certainly contact your bank to find out what kind of a balance you carry. They also probably check Central Credit in Las Vegas to get your local history with checks.

Regards
A.P.

路路路

From: mailto:vpF鈥鈥om
Sent: Wednesday, June 24, 2015 11:49 PM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Re: Bob Dancer's LVA - 23 JUN 2015

One question might be: does whoever grants the LOC make any credit inquiries on you, and can that potentially impact your credit score?

The ATM option can be fee-free if you establish an account at a no-branch bank. Typically these banks will reimburse any ATM charges you incur.

Or, depending on the casino, and your tier level with them, they may allow direct debits from your checking account and waive any of the usual fees.
Either, or both, of these options can give you access to fee-free cash directly at the casino without going through the process of establishing an LOC.
Certainly the game is rigged. Don鈥檛 let that stop you; if you don鈥檛 bet, you can鈥檛 win. -Lazarus Long
In theory, there is no difference between theory and practice. But, in practice, there is. -Yogi Berra
There is no such thing as luck. There is only adequate or inadequate preparation to cope with a statistical universe. -Robert Heinlein
From: "Frank Badach fdbadach@aol.com [vpFREE]" <vpFREE@yahoogroups.com>
To: "vpFREE@yahoogroups.com" <vpFREE@yahoogroups.com>
Sent: Wednesday, June 24, 2015 9:18 PM
Subject: Re: [vpFREE] Re: Bob Dancer's LVA - 23 JUN 2015

聽聽It cannot be emphasized strongly enough that there are no fees attached to the LOC. The ATM fees charged by the machines in casinos are absurdly high. Another reason to use an LOC.

Frank

Sent from my iPad

On Jun 24, 2015, at 6:10 PM, "gaylen u udyge@yahoo.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:

For us having a credit line works well. I like Dancers article because it is a reality check for how you handle your money! We have never went to ATMs. We use the credit line as a way to just write out one check as we leave....unless we pay it off in cash :slight_smile:

[Non-text portions of this message have been removed]

#yiv2780760099 #yiv2780760099 -- #yiv2780760099ygrp-mkp {border:1px solid #d8d8d8;font-family:Arial;margin:10px 0;padding:0 10px;}#yiv2780760099 #yiv2780760099ygrp-mkp hr {border:1px solid #d8d8d8;}#yiv2780760099 #yiv2780760099ygrp-mkp #yiv2780760099hd {color:#628c2a;font-size:85%;font-weight:700;line-height:122%;margin:10px 0;}#yiv2780760099 #yiv2780760099ygrp-mkp #yiv2780760099ads {margin-bottom:10px;}#yiv2780760099 #yiv2780760099ygrp-mkp .yiv2780760099ad {padding:0 0;}#yiv2780760099 #yiv2780760099ygrp-mkp .yiv2780760099ad p {margin:0;}#yiv2780760099 #yiv2780760099ygrp-mkp .yiv2780760099ad a {color:#0000ff;text-decoration:none;}#yiv2780760099 #yiv2780760099ygrp-sponsor #yiv2780760099ygrp-lc {font-family:Arial;}#yiv2780760099 #yiv2780760099ygrp-sponsor #yiv2780760099ygrp-lc #yiv2780760099hd {margin:10px 0px;font-weight:700;font-size:78%;line-height:122%;}#yiv2780760099 #yiv2780760099ygrp-sponsor #yiv2780760099ygrp-lc .yiv2780760099ad {margin-bottom:10px;padding:0 0;}#yiv2780760099 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[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

Most casinos will run a report from Central Credit. If you've never established a line previously, CC will pull a credit report/score. Otherwise CC will report past line history and a separate credit report won't be pulled.

A few casinos either don't pull CC, or initiate a separate credit report pull on their own. Ran into this last year with Atlantis in Reno.

As AP indicates, your bank balance will be checked.

---In vpFREE@yahoogroups.com, <ehpee@...> wrote :

They might check your credit score. They most certainly contact your bank to find out what kind of a balance you carry. They also probably check Central Credit in Las Vegas to get your local history with checks.

Regards
A.P.

路路路

From: mailto:vpF鈥鈥om
Sent: Wednesday, June 24, 2015 11:49 PM
To: vpFREE@yahoogroups.com mailto:vpF鈥鈥om
Subject: Re: [vpFREE] Re: Bob Dancer's LVA - 23 JUN 2015

One question might be: does whoever grants the LOC make any credit inquiries on you, and can that potentially impact your credit score?

[Non-text portions of this message have been removed]