Jetx, veronica1228,tabathdolley and others.

[DebHgn]

What is the name of your state?What is the name of your state? Elated!

To:
JETX
tabathadolley
Veronica1228
Curious 100 aka Clueless 1million
Paridice, who referred to me as Trailer Trash
Who's Liable?...who needs his computer taken away, his advice is useless
and anyone else you thought I was just stupid trailer trash:


If my complaints were so unfounded, if I am just dumb, if I just can't balance a checkbook, then answer this simple little question, oh ye of all knowledge...

Why was a Bill introduced into Congress by Rep. Carolyn Maloney and 8 other legislators for address the exact same issues?


Back to the Bill:
It was introduced November 19, 2004. Guess what it's called...get this. "The Consumer Banking Fairness Act" Imagine that!

Here are some highlights:

Credits Required to Be Posted Before Debits- Section 607 of the Expedited Funds Availability Act (12 U.S.C. 4006) is amended by inserting after subsection (f) (as added by subsection (b) of this section) the following new subsection:Order of Posting- In the process of posting credits and debits against a checking account used primarily for personal, family, or household purposes after the close of any business day, the receiving depository institution shall credit all deposits to the account before debiting any check drawn on the account and presented to the depository institution for payment.'

Reduction in Check Holds for Nonlocal Check Deposits- Section 603(b)(2) of the Expedited Funds Availability Act (12 U.S.C. 4002(b)(2)) is amended by striking `not more than 4 business days shall intervene between' and inserting `funds shall be made available on the 2nd business day after'.
Adjustment for Small Deposit Availability- Section 603(a)(2)(D) of of the Expedited Funds Availability Act (12 U.S.C. 4002(a)(2)(D)) is amended by striking `$100' and inserting `$500'.

Fees for Services not Requested- No depository institution may impose any fee for paying any check drawn on an account in spite of a lack of sufficient funds in the account to pay such check or any similar activity (commonly referred to as `bounce protection') unless the accountholder has affirmatively requested such service.'.

RECREDIT FOR ALL CONSUMERS UNLESS SUBSTITUTE CHECKS ARE PROVIDED WITHOUT COST UPON REQUEST.

You can read the entire Bill at:
http://thomas.loc.gov/cgi-bin/query/z?c108:H.R.5410:

For those who weren't hard headed and dense, this is what I've been working hard on. I urge you to write your Congressional Representative to voice your support for HR 5410. For the hard headed and dense listed above, I don't know why you would, but I guess you can write your legislator and ask them to not support the bill. You are the people who want the banks to take 16 billion dollars and line their pockets with it and not have it circulating in the economy...

That kind of money taken from our economy and given to the banks, most likely will cost you (listed above) any raise this next year... there is some justice in the world....

Merry Christmas....

 

[ihatearizona]

Thank you for posting this. I hope it passes!

 

[Veronica1228]

What is the name of your state?What is the name of your state? Elated!

To:
JETX
tabathadolley
Veronica1228
Curious 100 aka Clueless 1million
Paridice, who referred to me as Trailer Trash
Who's Liable?...who needs his computer taken away, his advice is useless
and anyone else you thought I was just stupid trailer trash:


If my complaints were so unfounded, if I am just dumb, if I just can't balance a checkbook, then answer this simple little question, oh ye of all knowledge...

Why was a Bill introduced into Congress by Rep. Carolyn Maloney and 8 other legislators for address the exact same issues?

(I tried to enlighten you stupid people, but you just had smartass remarks to make and demonstrated such closed mindedness I was shocked that people like you actually were allowed to walk our streets.)

Back to the Bill:
It was introduced November 19, 2004. Guess what it's called...get this. "The Consumer Banking Fairness Act" Imagine that!

First of all, this bill has not passed yet. Second of all the only issue of yours addressed on this that I can see is the bounce protection. Read on..........

Here are some highlights:

Credits Required to Be Posted Before Debits- Section 607 of the Expedited Funds Availability Act (12 U.S.C. 4006) is amended by inserting after subsection (f) (as added by subsection (b) of this section) the following new subsection:Order of Posting- In the process of posting credits and debits against a checking account used primarily for personal, family, or household purposes after the close of any business day, the receiving depository institution shall credit all deposits to the account before debiting any check drawn on the account and presented to the depository institution for payment.'

My Response--->Most banks already do this including the one that I work at.

Reduction in Check Holds for Nonlocal Check Deposits- Section 603(b)(2) of the Expedited Funds Availability Act (12 U.S.C. 4002(b)(2)) is amended by striking `not more than 4 business days shall intervene between' and inserting `funds shall be made available on the 2nd business day after'.
Adjustment for Small Deposit Availability- Section 603(a)(2)(D) of of the Expedited Funds Availability Act (12 U.S.C. 4002(a)(2)(D)) is amended by striking `$100' and inserting `$500'.

My Response--->I doubt this part will pass. It opens up huge liabilities for banks. Be prepared for the banking industry to vigorously shoot this down.

Fees for Services not Requested- No depository institution may impose any fee for paying any check drawn on an account in spite of a lack of sufficient funds in the account to pay such check or any similar activity (commonly referred to as `bounce protection') unless the accountholder has affirmatively requested such service.'.

My Response--->This part is more specific to your situation, but it would change very little. The difference would be that instead of paying for the item for you and charging a fee, your bank will return it and charge a fee. Then the payee will have the option of putting it through for payment a second time. If there are still not enough funds in your account, it will be returned a second time and you will get charged another fee. Then the payee (if they are a business) can try to put it through a third time (electronically/ACH) for a possible third overdraft fee. Yes, I can see how you might think this would be an improvement!

RECREDIT FOR ALL CONSUMERS UNLESS SUBSTITUTE CHECKS ARE PROVIDED WITHOUT COST UPON REQUEST.

My Response--->This one goes w/o saying

You can read the entire Bill at:
http://thomas.loc.gov/cgi-bin/query/z?c108:H.R.5410:

For those who weren't hard headed and dense, this is what I've been working hard on. I urge you to write your Congressional Representative to voice your support for HR 5410. For the hard headed and dense listed above, I don't know why you would, but I guess you can write your legislator and ask them to not support the bill. You are the people who want the banks to take 16 billion dollars and line their pockets with it and not have it circulating in the economy...

That kind of money taken from our economy and given to the banks, most likely will cost you (listed above) any raise this next year... there is some justice in the world....

Merry Christmas....

Listen, I know you are upset about what you feel are unfair practices, but remember that banking is a business just like any other, except higher liability for possible losses. I'm not even saying I agree with everything my banks does, but in your scenario, a little closer attention paid to your own accounting and some knowledge of your bank's practices would have gone a long way in avoiding the exorbinant fees you were charged. Contrary to what you have talked yourself into believing, you were at least partially (if not completely) responsible for what happened to your account. Get over it already and move on!

 

[JETX]

If my complaints were so unfounded, if I am just dumb, if I just can't balance a checkbook, then answer this simple little question, oh ye of all knowledge...

Why was a Bill introduced into Congress by Rep. Carolyn Maloney and 8 other legislators for address the exact same issues?

Oh, CHRIST!!! Are you back at it again???
You can't balance your own checkbook, don't (or refuse) to understand very simple ATM/Debit card FACTS, and now seem to think that because some nitwit Congress-person has submitted a bill even remotely related to YOUR problem somehow legitimizes it??? Sorry, but it doesn't.

Do you have any idea how many 'off the wall' bills are proposed in Congress every year.... and luckily never see the light of day???
Almost every session, some idiot tries to resurrect the '1975 Metric Act' to try to get our 'official' system of measurement changed to metric. With your thinking, the mere fact of the bill's introduction must mean it justifies the enactment. It doesn't..... and neither does this bill.

Or the fact that we are in the midsts of an "Identity Theft" epidemic, so much so that the federal government is restricting or prohibiting the use of SSN's as a form of identification.... and yet has passed a law requiring that ALL state DMV's collect applicants SSN's!!!

The fact that some yahoo has proposed a bill.... does NOT mean that there is a 'problem'. We have far too much government intervention into our lives already.... I don't need some more idiotic 'hold your hand, warm fuzzy' federal laws to protect me from my own inability to understand 'life's lessons'.

 

[Who's Liable?]

Wow... that's great... in all honesty I hope that passes for people like you...

Wait a minute... That law was INTRODUCED... therfore NOT LAW... What the banks are doing as of right now IS LEGAL UNDER LAW, and it is your RESPONSIBILITY to know what charges/changes/rules/regulations the banks may have... but hey, it's so much easier to blame someone else...

You're still missing the point, and that point is: IT'S NOT THE BANKS FAULT YOU CAN'T BALANCE A CHECKBOOK!

Get over it...

 

[bigun]

A bill introduced that late in the legislative sessions with only 8 sponsors was done for publicity plain and simple.
The 108th Congress {think that's right} is history. All of those bills have now died and will have to be reintroduced when the 109th Congress is sworn in in Jan.
With all the other problems this country is facing, I just don't see this one getting very far.
At the end of the day, pay attention to your checkbook and don't write checks or use an ATM card if good funds aren't in the account.

 

[tabathadolley]

tried to enlighten you stupid people, but you just had smartass remarks to make and demonstrated such closed mindedness I was shocked that people like you actually were allowed to walk our streets

I'm sorry, I wasn't aware that your job was to enlighten us. Next time I'll be warned. All hail deb, the holder of the light.


*tabathadolley cannot be held responsible for sarcasm in this post, for it is her birthday and she - frankly - doesn't really care*

Merry Christmas

 

[DebHgn]

Yep, I'm back.

1. No Veronica: Most banks DO NOT DO THIS! The process to benefit fee income. But I know that is hard for you to understand.

2. If this does not happen, then why do you say that Banks will vigorously oppose it.

3. Banks have to follow all the other regs that have been set forth in the past, I think this would be a piece of cake.

4. OUt of all the people who have read this about NSF fees, there are only 4-5 who support the practices of the scum bag banks.

5. Let me see, hmmm Bill introduced first, that's where the public comes in to write and support the bill. That is unless everyone like you 5 LOVE getting screwed.

Publicity stunt, who the hell cares. It's out there.

I still don't understand who let you guys out of the "home"

 

[tabathadolley]

That is unless everyone like you 5 LOVE getting screwed.

Most people do... seems fitting that you don't. Oh wait..

 

[Veronica1228]

Most people do... seems fitting that you don't. Oh wait..

Hey, I think you're on to something. We have finally found the source of her bitterness. Somebody needs to get some.

Good job Tabatha! You totally NAILED it!!!!!!

 

[curious100]

What is the name of your state?What is the name of your state? Elated!

To:
JETX
tabathadolley
Veronica1228
Curious 100 aka Clueless 1million
Paridice, who referred to me as Trailer Trash
Who's Liable?...who needs his computer taken away, his advice is useless
and anyone else you thought I was just stupid trailer trash:


If my complaints were so unfounded, if I am just dumb, if I just can't balance a checkbook, then answer this simple little question, oh ye of all knowledge...

Why was a Bill introduced into Congress by Rep. Carolyn Maloney and 8 other legislators for address the exact same issues?

(I tried to enlighten you stupid people, but you just had smartass remarks to make and demonstrated such closed mindedness I was shocked that people like you actually were allowed to walk our streets.)

Back to the Bill:
It was introduced November 19, 2004. Guess what it's called...get this. "The Consumer Banking Fairness Act" Imagine that!

Here are some highlights:

Credits Required to Be Posted Before Debits- Section 607 of the Expedited Funds Availability Act (12 U.S.C. 4006) is amended by inserting after subsection (f) (as added by subsection (b) of this section) the following new subsection:Order of Posting- In the process of posting credits and debits against a checking account used primarily for personal, family, or household purposes after the close of any business day, the receiving depository institution shall credit all deposits to the account before debiting any check drawn on the account and presented to the depository institution for payment.'

Reduction in Check Holds for Nonlocal Check Deposits- Section 603(b)(2) of the Expedited Funds Availability Act (12 U.S.C. 4002(b)(2)) is amended by striking `not more than 4 business days shall intervene between' and inserting `funds shall be made available on the 2nd business day after'.
Adjustment for Small Deposit Availability- Section 603(a)(2)(D) of of the Expedited Funds Availability Act (12 U.S.C. 4002(a)(2)(D)) is amended by striking `$100' and inserting `$500'.

Fees for Services not Requested- No depository institution may impose any fee for paying any check drawn on an account in spite of a lack of sufficient funds in the account to pay such check or any similar activity (commonly referred to as `bounce protection') unless the accountholder has affirmatively requested such service.'.

RECREDIT FOR ALL CONSUMERS UNLESS SUBSTITUTE CHECKS ARE PROVIDED WITHOUT COST UPON REQUEST.

You can read the entire Bill at:
http://thomas.loc.gov/cgi-bin/query/z?c108:H.R.5410:

For those who weren't hard headed and dense, this is what I've been working hard on. I urge you to write your Congressional Representative to voice your support for HR 5410. For the hard headed and dense listed above, I don't know why you would, but I guess you can write your legislator and ask them to not support the bill. You are the people who want the banks to take 16 billion dollars and line their pockets with it and not have it circulating in the economy...

That kind of money taken from our economy and given to the banks, most likely will cost you (listed above) any raise this next year... there is some justice in the world....

Merry Christmas....

Well, Deb......

I clearly never called you stupid, as you so freely choose to call me now, so let's see...

YOU'RE the one who bounced her checkbook~~not me, EVER.

YOU'RE the one who would rather have your bank bounce your check and charge you a fee for doing so, rather than have your bank clear your check for a fee.

And, by adhering to this "brilliant" reasoning of yours, you will now cost your creditors money in returned check fees thru no fault of their own other than believing you were an honest (or mathematically capable) person who wrote checks that were valid.

AND, you will now owe fees to these poor creditors, in addition to the NSF fees your bank will charge you for bouncing your check, which will now total more than the fee the bank would have charged you in the first place for covering your bad check. An economics major you're clearly not.

Dear, dear Deb. We get it~~YOU DON'T WANT BOUNCE PROTECTION. You'd rather cost yourself and the innocent recipients of your bad checks more money. OK....not the smartest choice in the world but, hey, this is America, and you can choose to be dumb and a deadbeat if you so choose.

However, Deb, instead of spending all of this time on the computer calling us names and desperately searching for someone to agree with you, why don't you spend your precious time going over your checking account DAILY to make sure that you have, indeed, added and subtracted correctly? That way you will, HOPEFULLY, get it right and not write any more bad checks.

You are right about one thing, Dingy Deb, and that is that I'm not really at all concerned with, or interested in, whatever legislation you're talking about and took your valuable time to post. (Time that you should have used going over your bank statement, Deb.) That's because I've had a checking account for over 30 years and have never, ever bounced a check, and I will never bounce a check, BECAUSE I CAN ADD AND SUBTRACT. These new rules will not affect me, because I don't bounce checks, and I don't write checks or make ATM purchases before a deposit has had the time to be credited.

So, Deb......try, please try, to be a big girl and own up to the fact that you just plain screwed up. It wasn't the bank's fault, it wasn't our fault, IT WAS YOUR FAULT. Why don't you make a New Year's resolution to take personal responsibility for your actions?

Merry Christmas to you, Debt

 

[Who's Liable?]

The funny thing about all this is that she is assumign we are all getting screwed by the banks... When in fact, we aren't... Like I said in a previous post, the last tiem I wrote a check that bounced, and I was charged a NSF fee, and all that good stuff was over 10 years ago...

So I would like to know how I am getting screwed by the banks... I know the rules and regulations, I know when to make a deposit, I know how long it takes for it to clear, I NEVER write a check for an amount that is higher then my balance, but somehow my bank(according to Deb) is screwing me?

I like her gumption though...

 

[DebHgn]

Since you seem to be so smart, curious 100 aka not a clue in the world. Did you know that companies want to charge you a fee if you use a check and pay by mail using the usps. You really need to pay more attention to what is happening around you.

Each of you act like I'm some poor trailer park trash as you call it, and my oh my, would you be shocked. I will tell you one thing. During race season, you can see me on tv every week.

I know on this board you feel like a big fish is a small sea... I'm so glad god have us fantacy. You just need to check into reality sometimes.

 

[Indiana Filer]

Since you seem to be so smart, curious 100 aka not a clue in the world. Did you know that companies want to charge you a fee if you use a check and pay by mail using the usps. You really need to pay more attention to what is happening around you.

Each of you act like I'm some poor trailer park trash as you call it, and my oh my, would you be shocked. I will tell you one thing. During race season, you can see me on tv every week.

I know on this board you feel like a big fish is a small sea... I'm so glad god have us fantacy. You just need to check into reality sometimes.

Trailer trash (I mean Deb),

You're on TV during race week? You do realize that you're denying being trailer trash in the same paragraph where you're bragging about being trailer trash, don't you? Car racing=the sport of trailer trash rednecks.

Get a job where you actually have money in the bank so that you can write checks that don't bounce. Oh, and learn to add and subtract so that you no longer bounce checks. It'll be cheaper in the long run.

 

[curious100]

Since you seem to be so smart, curious 100 aka not a clue in the world. Did you know that companies want to charge you a fee if you use a check and pay by mail using the usps. You really need to pay more attention to what is happening around you.

Each of you act like I'm some poor trailer park trash as you call it, and my oh my, would you be shocked. I will tell you one thing. During race season, you can see me on tv every week.

I know on this board you feel like a big fish is a small sea... I'm so glad god have us fantacy. You just need to check into reality sometimes.

Well, Dingbat Deb, I think by your continual ranting and raving that you continue to prove that YOU are the one who is clueless.

I'm well aware of the fact that paying bills online is becoming the norm, and that certain companies may want to charge a fee for consumers continuing to pay by check through the mail. It makes sense why they would, since accepting payment via paper check in the mail will cost them more money than accepting payment electronically. Therefore, those who continue to pay by mail will have that cost passed onto them.

So, go ahead Deb, have another temper tantrum.....call everyone around you who disagrees with you names.....go pay them in cash, if you like......use the pony express to get there. Oh wait, they invented the car. DAMN THEM! How dare they?....The gas station didn't call you to tell you that you were low on gas, so you ran out of gas and had to be towed, AND IT'S ALL THEIR FAULT! How embarrassing, since you're so involved with racing cars and all.

Oh, and Deb, the word is fantasy, not fantacy. I see that Santa should have given you a dictionary, as well as a calculator, for Christmas. Damn him, too!

HO, HO, HO!