Legal Banking Theft

[cmorris]

I'm not going to restate everything already mentioned...but it is wise (even for married couples) to have SEPARATE bank accounts.

 

[Who's Liable?]

"I'm not going to restate everything already mentioned...but it is wise (even for married couples) to have SEPARATE bank accounts."

I thought that was common knowledge...

 

[cmorris]

I thought that was common knowledge...

Apparantly not. Look at the OP's situation again.

 

[klhofbauer]

I have to ask...

Are some of you who are posting really THAT ignorant?

Good heavens, some of you really need to get a grip and manage your money! I'm one of those paycheck to paycheck families. Since I had my first bank account at age 18, (24 yrs. ago BEFORE there was such a thing as debit cards) even *I* knew what this meant, Posted of course ON THE FRONT DOOR, THE TELLER WINDOWS, ETC:

"Deposits accepted AFTER 2 pm will be credited after midnight the next business day"
"Deposits accepted BEFORE 2pm will post the same day"

HELLO people! Um, gee, golly, what does the aforementioned mean? Welllllllll.... that means, if you go to the bank and deposit a paycheck for example, before 2pm on Friday, you will have those funds available the weekend. If you go to the bank AFTER 2pm and deposit your paycheck, then you won't have those funds available until after midnight the next business day when the banks do their calculations/credits/debits Gee, the "next business day" is MONDAY, and after MIDNIGHT MONDAY is TUESDAY....

How hard is that to comprehend?

I'm the queen of bounced checks, I wouldn't doubt it.. but you know what? It was MY fault, MY responsibility for not following through and checking to see if I had enough in the account. It was MY MONEY, and if I was too stupid and bla-se about managing it, then there is no one else to blame!

And now, with Internet Banking, it takes all of 5 minutes to get your PC booted up, get your browser open and log into your account. OP, not taking the time to do so is your own damn fault. Maybe you also need a course in time management?

I agree with the banking officer, and everyone else....

PS: Cmorris & WhoIs.... hubby & I don't (and never have) had separate bank accounts. He just asks me the morning of "okay to w/d money for gas, etc.. today", and I give a yeah or nay! It's been that way for the last 12 years.. LOL! Guess you know who controls the money in THIS household!

 

[JETX]

After midnight Monday is NOT Tuesday

Yes, it is. After 'midnight' on Sunday..... is Monday.
After 'midnight' on Monday is.... Tuesday.
Guess you were never in the military or spent time on trains or planes in foreign country's.
The 24-hour military clock begins with 0000 hours, usually called 2400 hours. When spoken aloud, this is said, "twenty-four hundred hours," which is the equivalent of midnight.
2359 hours on Sunday, is Sunday.
2400 hours on Sunday, is Sunday.
0001 hours on Monday, is Monday.

 

[Veronica1228]

Find a credit union and screw the banks. Reason I went CU was the bank pulled this crap after I made a CASH deposit and it took two "business days" to clear and cost me $195.00 in "uncollected funds" fees because I used my debit card while I guess they checked with the federal deposit bank to make sure the cash I deposited was real. I now make a deposit even 30 seconds before they close the doors at night and the money is IN MY ACCOUNT ready for any transaction that comes in. I will never use a FDIC bank again for anything. Oh when I asked the bank about the $195.00 they gave me a $25.00 "courtesy credit" since I was such a long time (10 year) customer. And to the "banker" who sent the messages to this board, SCREW YOU AND THE SHIP YOU CAME IN ON.

On behalf of all National Association, FDIC banks, I would like to thank you for going to a credit union. Granted, we all regret losing your account that probably maintains a balance of $1.25, but we will just have to cut our losses and find a way to recoup somehow.

Sometimes you trailer trash really crack me up!

 

[dgingrich]

Geez Veronica think of it this way: If 100,000 trailer trasher's from your bank withdrew their $1.25 all at once, that would be a chunk of change. I also worked for a bank for 12 years and I know that your salary isn't much more than some of these "trailer-trash" that you seem to be looking down your nose at. If you can't say something nice, than don't say anything

 

[Who's Liable?]

"If 100,000 trailer trasher's from your bank withdrew their $1.25 all at once, that would be a chunk of change."

Wouldn't matter, there would be 100,000 $25.00 NSF fees to go along with it...

Better watch out for Check 21, now you are really screwed... And yes, I used to be like you, ignorant of banking procedures and rules, bounced a few checks here and there and got really pissed at the bank... Then I realized that it was MY FAULT, and since then, have not bounced a check... That was when I was 17... How old are you again?

 

[Veronica1228]

"If 100,000 trailer trasher's from your bank withdrew their $1.25 all at once, that would be a chunk of change."

Wouldn't matter, there would be 100,000 $25.00 NSF fees to go along with it...

Better watch out for Check 21, now you are really screwed... And yes, I used to be like you, ignorant of banking procedures and rules, bounced a few checks here and there and got really pissed at the bank... Then I realized that it was MY FAULT, and since then, have not bounced a check... That was when I was 17... How old are you again?

To Who's Liable?

There is very little point left in you or I wasting our breath. It's obvious that some people are never going to acknowledge their own culpability in their financial affairs. Why should they? It's so much easier to blame someone else when you're that stupid.

And as for Dgingbich, I don't know what bank you work for, but believe me when I say that I can buy and sell you. Don't try to engage me in a battle of wits when you obviously have come unarmed!

 

[dgingrich]

legal banking theft

that's MS. DGINGBITCH to you thank you very much. Buy and sell me? I doubt it sweetcheeks. You don't have enough money, because, YOU WORK FOR A BANK! heheheh

 

[Veronica1228]

That's your stunningly clever comeback? I gave you too much credit. I thought you came unarmed, but you can't even locate the battlefield.

So sad!!!

 

[Who's Liable?]

"That's your stunningly clever comeback? I gave you too much credit."

Don't giver her any credit at all, chances are she'll ruin it because no one from the bank called to inform her that the payment was due. Then it will be your fault.

 

[teflon_jones]

IGNORANCE???? Then I guess 95 percent of our country falls there.

Yes, exactly. At least 95% of our country is ignorant of their banks policies. You know that little book they give you when you open an account? I'm guessing you didn't read it?

Do I agree with banking practices today? No, but you can't blame them because you don't manage your bank account!

 

[Veronica1228]

"That's your stunningly clever comeback? I gave you too much credit."

Don't giver her any credit at all, chances are she'll ruin it because no one from the bank called to inform her that the payment was due. Then it will be your fault.

LOL!! That's a good one!!!!!

 

[DebHgn]

From OP

Well, since my orginal post, and being called Stupid, Ignorrant etc. I decdied to educate myself on a few things. The more I learned the more pissed I got. Banks are using non-interest income, fees etc to make up for lost interest income. I researched different banks at the OCC. (Office of the Comptroller of the Currency)

Banks are charging fees more than ever before. They have found that they make more income from a low income depositor than they can from a depositor holding a $10k balance. How, with FEES.

By enrolling (complimentry of course) low depositor is "bounce protection" (not to be confused with applied for Overdraft Protection or linking your savings account with your checking) they can earn billions of dollars.

What upsets me the most, is that by enrolling me into that 3000% APR program robs me of the option on other forms of payment for my merchandise.!

Suppose I have deposited my check and kept out some cash for the weekend. Or maybe I had made a mistake in my check register and I went to the store and decided to use my Debit card to purchase the groceries, and keep my cash in case I need it somewhere else. Since the bank DID NOT decline my card, and accepted it so they could charge me an enormous fee, I lost my freedom to have the option to use my cash! Or maybe I was going to actually pay for my items at the department store, and not charge it to my department store card. Again the bank card did not decline the purchase and it would have been much cheaper to charge on my department store card.

Point is, when the banks enroll you in this without your knowledge you lose your FREEDOM to choose!

So all you nay sayer can holler, better accounting, blah blah blah, but the fact remains, THE BANK not only robbed me of my money, but my freedom to choose.

www.debbiehagan.com