Comments on: A mileage mess on my mortgage http://www.elliott.org/the-troubleshooter/a-mileage-mess-on-my-mortgage/ Consumer advocate Christopher Elliott's site. Fri, 10 Feb 2012 05:25:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Alistair http://www.elliott.org/the-troubleshooter/a-mileage-mess-on-my-mortgage/comment-page-1/#comment-12404 Alistair Tue, 03 Jun 2008 14:56:00 +0000 http://www.elliott.org/?p=5046#comment-12404 John F: That's fair enough, but when I bought a house last year, I got 56,000 miles just because I started looking by typing "lendingtree.com/aa" into my browser instead of "lendingtree.com". It was still the best deal (and I would have gone elsewhere if it wasn't) and it paid for my ticket to Europe this summer. That's literally a $1,000 bonus just for typing three characters into the browser. So promotions like this can definitely be worthwhile -- often, there's a 'referral fee' built into the price of a mortgage (or, indeed, of many goods), and if you don't find a way to extract it, someone else will profit. John F: That’s fair enough, but when I bought a house last year, I got 56,000 miles just because I started looking by typing “lendingtree.com/aa” into my browser instead of “lendingtree.com”. It was still the best deal (and I would have gone elsewhere if it wasn’t) and it paid for my ticket to Europe this summer. That’s literally a $1,000 bonus just for typing three characters into the browser.

So promotions like this can definitely be worthwhile — often, there’s a ‘referral fee’ built into the price of a mortgage (or, indeed, of many goods), and if you don’t find a way to extract it, someone else will profit.

]]> By: John F http://www.elliott.org/the-troubleshooter/a-mileage-mess-on-my-mortgage/comment-page-1/#comment-12378 John F Sun, 01 Jun 2008 21:37:17 +0000 http://www.elliott.org/?p=5046#comment-12378 I think too many people are too tied to the programs as you mentioned. Really, what does 18K points get you? I am not sure it even gets a one way upgrade much less a free ticket. ANd I certainly hope the interest rate obtained was the lowest available and he did not take a higher rate loan because of these points. I think too many people are too tied to the programs as you mentioned. Really, what does 18K points get you? I am not sure it even gets a one way upgrade much less a free ticket. ANd I certainly hope the interest rate obtained was the lowest available and he did not take a higher rate loan because of these points.

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