tag:blogger.com,1999:blog-4672059649275329383.post386702415642130485..comments2023-07-07T11:53:57.220-04:00Comments on Long Island Lawyer Law Blog: Consumer Protection - Overdraft Fees, UK Curbs Excessive Fees; US
Efforts Not So Well ReceivedScott Kreppeinhttp://www.blogger.com/profile/12387980437999460501noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4672059649275329383.post-693369170336290922011-04-15T06:32:21.374-04:002011-04-15T06:32:21.374-04:00Banks are crooks. After being robbed of several th...Banks are crooks. After being robbed of several thousand bucks over a couple year period I decided I was best keeping my money in my mattress... Sure if I burglar comes in or my house catches fire there's a risk I'll lose it all, but, my the odds are in my favor that my money is safer here than in a bank. What's frustratingly sad is the fact that we as taxpayers ended up paying the crooks great gobs of money because their shifty crooked schemes lost them a bunch of money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4672059649275329383.post-38416405179286709062008-11-02T17:49:00.000-05:002008-11-02T17:49:00.000-05:00I was recently hit with $280.00 of overdraft charg...I was recently hit with $280.00 of overdraft charges. Many of these withdraws where made with sufficient funds available over the coarse of a couple of days. An authorized electronic check came through the same time a electronic deposit came through. The withdraws previously where held in post mode for three days and the balance was insufficient to cover all withdraws. The high/low sequencing took effect and the bank took full advantage. I understand the high/low sequencing but holding withdraws in post mode for days with sufficient funds in the account is unethical and appears to be a deliberate attempt at taking advantage of the customer. Now I have $8 in my account, can't buy groceries, gasoline to get to work or pay my water bill. One overdraft is enough to embarrass me and motivate me to keep better records but eight overdrafts and I feel robbed and powerless to do anything about it. Customer service at the bank where unresponsive and cold to my financial situation and refused to remove even one of my overdraft charges. One withdraw was made at another banks ATM and they charged me two overdraft charges, one for the withdraw and one for the withdraw fee..ooouuuch! Stealing food right out from my kids mouths.shockedhttps://www.blogger.com/profile/12127133982198514674noreply@blogger.com