I made a good-sized deposit into my savings at a local branch, and before I could get out the door - I was approached (very awkwardly) by some very junior loan clerk who wanted to talk to me about a new credit card, etc. I declined and went back to work. For weeks I continued to receive emails, etc: "consolidate your credit cards on 0% int rate card; or personal loan"... Well - I replied back to the clerk & began asking questions. Told them I did actually have two high-interest credit cards I would be interested to consolidate. A lot of back-n-forth, but one month into this process - they have run my credit twice and rejected the consolidation. Guess what? My credit score has taken a huge hit.
All this aside, my adult son has also had his account with Amplify (all his adulthood) - he worked for years building his own business, getting investors, crafting business plans - Amplify was so disinterested, and wouldn't even grant him an audience. Do not believe any hook-line-and-sinker on their small Business B.S. He wasted so much time and effort! He ended up with a much better solution, thank goodness.
Fortunately, there are really good credit unions (my preference is to stay away from big banks), and I am moving all my accounts to one of Amplify's competitors effective April 1. Not that Amplify will give one crap, but its the principle. Amplify sucks rocks!… show more