Ok, now that is not a bad idea. Still would create extra work tho, but not a bad idea.
Something Black Barber shops need
- Thread starter moblack
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Ok, now that is not a bad idea. Still would create extra work tho, but not a bad idea.
Exactly
I go to an OLD HEAD shop where all the barbers are senior church going people. So this means no cussin, not sexual jokes, just some old men telling lies about how good they were playing football back in high school.
They still got the same tv Dr. King got buried on playing in the shop.
If that's the case, then why doesn't every debit transaction affect my credit?
As to your question regarding why they have Visa or Mastercard.
The online debit is the only one that instantly comes out of your account. The other two are backed by the CC companies.
http://en.wikipedia.org/wiki/Debit_card
Let me make this simple...
Suppose you and Bob know each other.
Both you and Bob decide to go to the nightclub.
Before going, you give Bob $100 to pay for any expenses at the club.
You order $100 in drinks. When the bill comes from the bartender, you tell Bob to pay it.
Bob pays the bill.
==============
Now, you may think that Bob paying the bill is the same as you paying the bill... but it is not.
You gave Bob a loan when you gave the $100 to him.
Bob gave you a loan when he paid the bartender.
This is essentially what happens when you deposit at a bank and then use a debit card.
A deposit is a loan to the bank.
A debit card purchase is a loan to you.
It offsets. However, the bank charges you interest on its loan to you (debit card purchase), but pays you no (or less) interest when you make a loan to the bank (deposit).
ok but if i gave bob my $100 and he paid the bartender $100, its basically a no interest loan then. the same $100 i gave bob, is the same $100 he paid the bartender. i didnt lose any money by doing this.
I pre pay with my barber 100.00 first Thursday of the month... I have a mom six sisters 14 nices and nephews and a fiancé. So I get jacked for all the cash in my pockets so damn often I just get used to not having cash on me...
When I actually go,I go to a regular BLACK barber shop that you will find in any urban neighborhood across america.
Cats done been robbed in barber shops,fighting in barber shops,shot and killed in barbershops,baby momma drama in barbershops.Dont think its just the young barber shops some of the older man get in there and get to argueing over checkers,and saying shit like "You's a motherfucking Lie",someome owing them five dollars and the street numbers man hanging out.
Some of the craziest things go on in salons and barber shops,or people saying the craziest things...
Carry Cash because you go there for a haircut and walk out that motherfucker with a bootlegg dvd,psp & games,your kid some clothes or the latest stolen cellphone.
The Internet has killed the need for DVDs and console games for me...and them mutha fuckas don't invest in biggnigga shoes so they never have my size anyway but I can come up on shoes for my nephews from time to time
My babershop used to do it but he started getting fucked over with fees by the people leasing him the credit card machine. Shit was gravy too.
Wrong, I pay no interest or fees to use my debit card.
and you didn't answer my original question.
If that's the case, then why doesn't every debit transaction affect my credit?
I agree. I hate having to go to the damn atm just to get 20 dollars for a cut. Then I gotta do it again in two weeks. They'd probably have to increase the cost of cuts though because they charge you to use credit. But I always wonder how long it will take before we start seeing barbers do this.
Come on dawg,you guys are this simple minded where you think your not being charged a fee for using a debit card that holds your own money.I know we not having this arguement? please.
Your paying a fee,your paying a fee just for having a dollar at the bank...regardless your paying and will pay.Stop the bullshit.
You pay fee's for using a debit card...
What kind of shop do you go to? If I can't take my son, i'm not going in.
I'll say it. Most barbers are felons. Even in the "nice" shops. There is almost no background check to become a barber. All that matters is can you pay the booth rent. Most do have other illegal and legal shit on the side. That being said I don't want them niggas even looking at my card.
I don't pay directly either, but I get it. I have a bi weekly direct deposit coming into the bank that they can make interest on. So they don't charge me a fee for my debit card or checking account. While they try to get you to take one of their credit cards because you have a regular ampount of money going into your account.
WTF...OP I ain't mad at you for using your head for more than a hat rack but
That would fuck up the game sumtin fierce...katz getting kutz then going home and disputing the charges, CC scam artist, barbers raising their fees due to CC companies charging them fees.
Never ever happen in the hood...and it shouldn't.
Wanna use a CC for a cut go to some mall shit like Vantastic Sam's or some shit...if you wanna have a fucked up kut
Charlie Rangel...
http://www.nypost.com/p/news/national/ethics_raps_put_rangel_on_trial_UWVIY8E3EdzJqDv5mH08jM
Among the most serious charges that have been aired against Rangel -- first disclosed by The Post -- was his failure to report and pay taxes on rental income from his villa in the Dominican Republic.
The Post later revealed that Rangel also didn't report hundreds of thousands of dollars in assets and income on the financial-disclosure forms he has filed with Congress each year.
Case Closed...
OK, I must be thick-headed. How the fuck am I paying a fee, if I have a FREE checking account?
If I deposit $2000, when I come back 3 months later, there's still $2000 in the account.
I can deal with the cash thing, I can't deal with the $20 haircut and the $5 tip. Damn lower those damn prices.....
Your crazy!!
barber shops are where everyone from the lowest crooks to the business executives meet to cut hair....You wanna swipe your card in the same place where bruddas trying to sell you stolen sneekers and jeans....No thanks I'll got to the ATM first!!!1
barber shops are where everyone from the lowest crooks to the business executives meet to cut hair....You wanna swipe your card in the same place where bruddas trying to sell you stolen sneekers and jeans....No thanks I'll got to the ATM first!!!1
OK, I must be thick-headed. How the fuck am I paying a fee, if I have a FREE checking account?
If I deposit $2000, when I come back 3 months later, there's still $2000 in the account.
Your $2000 sat in that account for 3 months and earned no interest....?
That there is your fee....!!!
aint going happen them kats dont be paying taxes cash only basis
Very Very good point!!!! A lot of barbers are ex-cons that couldn't land a square job. Plus if they did a credit card their money would be traceable and the tax man could probably pull their records. I don't think they would like that. Black barbershops probably will remain cash only.
Quit. Just quit. Your analogy is flawed. A loam is when you give someone money for THEM to use with the intent of repaying you at a later date. THAT is a loan. What you described is giving someone money to pay YOUR bills. That is NOT a loan.
You do not pay a fee when you use your debit card to make purchases, only to withdraw money at a different bank.
When you deposit money into a debit account, you are loaning the bank money, and when you pay using the debit card or withdraw at that bank you are taking some of YOUR money, NOT the banks money. You reduce the amount of money that is on LOAN to the bank. Period.
Now cash advances from a credit card- those are loans.
As fpr the topic, going to get a haircut is not comparable to buying a product, say at drayonis' shop.
When you go get haircut you are usually intending on getting a cut. Meaningy ou leave the house knowing that is your goal. Purchasing goods at shops can sometimes be completely impulsive. I don't get how hard it is to st at the bank, withdraw some money then head to the shop.
Barbers are not usually hourly employees- that would be the only situation where a card machine would make sense.
Since barbers rent the chair, having a machine would require the owner of the shop taking more money from the barber then having to pay each employee properly. That wouldn't turn out good at all.
Then there's the issue of reporting income to the IRS.
I know of one in Boston, but they don't extend outside of Boston.
http://www.lawsonbarbers.com/locations.htm
oh, so that means your wallet charges you a fee as well.
No....
If the bank gives you $2000 you can bet your bottom dollar you pay more than $2000 back!! So why should it be any different if you loan the bank $2000?
What do you think is happening to your $2000 while it's sitting in your account? The bank is earning interest of it, of which a portion of it is your entitlement.....
That still doesn't make it a FEE.
What you're explaining is how they can offer you all these features in holding your money without charging a fee, but they're not charging you to use your money.
Thanks for the response
Thank You.
You don't know how banking works so let me teach you.
Whenever you give someone your property, without receiving anything of value in return, it is either a loan or charity.
For charity, you get to stroke your ego.
For a loan, you get a promise to repay.
Since banks are not a charity, it is a LOAN!
Whether you want to call it a fee, interest, penalty, or whatever, when you use a debit card, you are getting a loan which has a cost to it.
Once you make a deposit at the bank, it is no longer your property. It is the property of the bank.
When you use a debit card, you are using the property of the bank to make a payment.
It is a loan by the bank to offset the loan you made to the bank.
From the time the bank makes the loan to the time the merchant receives payment, the interest accrued goes to the bank, which pays for the loan made to you.
How many times do I have to say this?
A debit card is a loan from the bank. It is different from a credit card loan, but it is still a loan.
I swear, you people have this bank credit and don't have a DAMN clue how it works or how to use it. Yeah, that's really going to lead to financial success.
Getting a bank loan to get your haircut... SHEESH!
The barbershop I go to has a cc/debit card reader but I never use it. I rather pay cash.
man, i was tellin my barber this shit last thursday. luckily theres a bank in the same shopping center as his shop, but i still gotta go get a $20 outta the atm, then go buy a fuckin bottle of juice to break it. fuckin hassle. i like my credit cards and speedpasses.
you dudes dont have petty cash laying around? everyone excuse is i dont carry cash blah blah blah but i know at any given time i have at least 20-30 bucks stashed in my car and i have a box at home with money in it for those instances where i want to get a pizza or something delivered.
I rarely walk around with cash. Yes I keep cash at home but there are few places I frequent where its needed.
The best point someone bought up was fraud. I can only give my point of view as a legitimite business. Credit card machines attribute 35% increase in sales at my shop. It's been proven that credit card users spend almost twice as much as cash users.
Pizza Hut takes cards. The little mom and pop pizza place on the corner takes cards. I hit the ATM when I want some green, but I buy in bulk, so it aint no lil $10 or $20. The only time I absolutely need cash is when I go to the damn barber, and I got dreads, so basically I'm going to the ATM for $6 damn dollars.
The Caribbean spot around the corner, the damn Hair product shop, ect.... but its not ust black owned, its a lot of small businesses where cash transactions can be hidden... a trend I see is that the smaller ones tend to charge a convenience fee of a quarter or something when they do offer it...