Entries Categorized as 'Suckered'

ECS – Easy, Convenient, Stupid?

Date March 28, 2010

Or so said a reader of “Subramoney”: [ECS or Electronic Clearing Service is used to automatically remove money or put money into a bank account, with a mandate given by the customer. ECS Debit is used to avoid having to manually pay every bill; m…

Suckered: 100% commissions with Kotak Smart Advantage plan

Date January 25, 2010

ULIP Advisors just do not know how to stop. Someone who harvested phone numbers from random sources calls me and says he’s from Kotak and selling me a plan that is (Hold your breath) NOT A ULIP. According to him it’s a plan where: You can inves…