i HATE banks!

Goddamnit! They just LOVE to let you overdraft your checking account just so they can charge you obscene "insufficient funds fees".

Aobut a week ago, i overdrafted my account aobut 3 bucks. Nobody said anything. My debit card still worked fine, so i figured i had money. Nope. It took a letter 6 days to get to my house to notify me that im in the red, and in the meantime, they've charged me 328 DOLLARS! . Nevermind the fact that i make only aobut a hundred bucks more than that in a MONTH and i have freaking bills to pay!

When the fuck did they start doing this?! As far as *I* could remember, the rule was that if you didn't have the money, the transaction doesnt go through! Now they are digging me deeper and deeper into the hole, a whole hellova lot faster than i can dig my way out, not to mention that they're fucking up my credit! I wish that i could get a lawyer to side with me against this extortion!

Yeah, i bank with TCF and just 2 weeks ago i deposited 800 bucks. I had like 150 in there previous. I went online to check my balance the next day and it said that all the money was in there. So i bought some stuff online for my truck. Only to find out 4 days later that the money wasnt actually in the account yet and i got charged 30 bucks for an overdraft fee......thats bullshit

If it says the money is in the account i shoud be able to use it.

Reason I dont use a checking account

Looks like you need to call up the bank and tell them to take off that bullshit money, tell em you use debit and you thought you still had funds. From what I know, they've been doing that for a while, its amazing what banks will do for money, huh?

This is the way that banks make extra money for themselves these days. Have you ever considered joining a credit union? They are more customer oriented, and I find them much better than banks. The credit unions in our area offer a line of credit attached to the account, and call it overdraft protection. If you should accidently overdraw your account, they will first tap into your savings account if you have one, to cover the check(s) at no charge. The next step would be to go to the overdraft protection LOC and use the funds there. There is also no charge for this, but you do have to pay back whatever money was "loaned" to you to cover the checks. Even if you do not have any form of overdraft protection, the credit union fees are MUCH lower than the banks, even on overdrawn checks. While banks in my area charge between $29 to $35 for each check you overdraw, the credit union only charges $12 to $15. No wonder banks hate credit unions.

BOTH of those two top posts happened to me. I TOTALLY feel for you. I did the exact same thing 2 months ago. I was getting all sorts of letters at once saying I overdrew my account, and they were charging me a $25 fee for a $3 mcdonalds purchase. I went and just bitched up a STORM over it, since I still used my debit card, and the bank holds funds just as soon as the transaction from a debit card comes through. So I shouldn't have overdrafted. I bitched and bitched and yelled and got really pissy with them and they didn't give me ALL of my money back, but gave me some of it. I was like "this is the REASON i have a debit card so I can't write bum checks and now I can make bum SWIPES?! BULLSHIT!!!"

Maybe it was because McDonalds is evil and is with the bank conspiracy take over

This is the way that banks make extra money for themselves these days. Have you ever considered joining a credit union? They are more customer oriented, and I find them much better than banks. The credit unions in our area offer a line of credit attached to the account, and call it overdraft protection. If you should accidently overdraw your account, they will first tap into your savings account if you have one, to cover the check(s) at no charge. The next step would be to go to the overdraft protection LOC and use the funds there. There is also no charge for this, but you do have to pay back whatever money was "loaned" to you to cover the checks. Even if you do not have any form of overdraft protection, the credit union fees are MUCH lower than the banks, even on overdrawn checks. While banks in my area charge between $29 to $35 for each check you overdraw, the credit union only charges $12 to $15. No wonder banks hate credit unions.

I love the credit union I use. They take the money out of my account automatically for my loan and the online stuff works perfectly. Plus the overdraft stuff just kicks ass!!!

What is the $328 charge for? It's usually $25-$30, but not $328

What is the $328 charge for? It's usually $25-$30, but not $328

Insufficient funds fee #1 - $75
Insufficient funds fee #2 - $50
Insufficient funds fee #3 - $58
Insufficient funds fee #4 - $116
Insufficient funds fee #5 - $29

Yeah, they added to my deliquency, and then charged me for it. Fucking great huh? I think i'm just gonna cash my paychecks and put them in a jar. Can't overdraft a jar.

Insufficient funds fee #1 - $75
Insufficient funds fee #2 - $50
Insufficient funds fee #3 - $58
Insufficient funds fee #4 - $116
Insufficient funds fee #5 - $29

Yeah, they added to my deliquency, and then charged me for it. Fucking great huh? I think i'm just gonna cash my paychecks and put them in a jar. Can't overdraft a jar.
I would go and argue with the manager of the bank that the whole purpose of a debit card is so you won't overdraw it, and even after the first charge, they should have notified you. You could probably get the last 4 charges removed. The jar idea is not a good one, since your money can get easily stolen.

Thats why you do it like in the movie Casino and get a secret hole in your closet, you cant overdraft a hole in the closet now can you?

Find a different bank that has overdraft protection.

That sucks, Banks piss me off. Stick your foot up the managers ass.

- Kevin

I would definitely go bitch at somebody. And dont even DARE walk out of there until they admit that its wrong. And once they admit it, go for the throat. Bitch and complain hardcore, and dont even slack for a second until somebody agrees to cancel the charges. No fucking way would I let them fuck me over for an innocent mistake like that.



What Im curious about though, is why are the charges all dfferent? Usually the charge is always the same.

Or is that the charge, plus the amount you spent? I dont think I fully understand.

The whole banking industry has gotten greedy in the last decade or two. Now when you deposit a check, they can put a hold on some or all of the money for any number of days depending on the amount and type of check. But with the new Check21 they instituted last October, once you write a check, that money can immediately be taken out of your account( no more "float time".) So you better make sure you have the funds available BEFORE you write that check.

Dunno why the charges are all different, but I bitched and moaned, and all i could get back was 100 bucks. If i had more time, i woulda tried to get some more, but alas, i had to go to work. Well... lesson learned

Thats why I only use cash from ATM machines. And I always check my balance before I take money out of the machine.

Banks are fucking skanky bastards. Last i heard the regulators in the UK were going to stamp down on them due to the ridiculous time it takes for cheques to clear. Of course, your bank earns interest on YOUR money over this period :disappoin

:1: for credit unions. WAY better than a bank. Which doesn't really say that much, but better none the less...

What bank do you use?

citizens bank

I understand the whole "holding some of the deposit" thing. That why i love and hate direct deposit. Before i used direct deposit I used to cash my checks and they used to hold about 60-75% until the following business day. Which could suck on fridays. I hated going to circuit city trying to buy cd's and my card being denied. IT was embarassing. I'd say "....i put my check in there yesterday...." and they would go "...yeah we've heard that before...." until i tell them want bank i deal with. Which is arvest.

Funny I use Bank of America, and I haven't had these problems before. Maybe it's only a matter of time though. ::knock on wood::

Ok. Now for another issue. Loans.

I STILL fucking hate banks and financial institutions. I tried getting a 10k loan for a jetta TDI before, but was denied. Fine whatever, 10k is kind of a lot so i wasn't really suprised. No TDI for me.

Well, i've been looking for a daily beater, and I found by chance, an Acura Vigor for sale pretty close to where I live. As some of you may or may not know, it's the only I5 engine Honda has ever made, and its a GOOD engine, and a GOOD car, and the kid was only asking $2500. Great! I figured i could get a loan for 3k. I mean, what's 3000 to a bank that makes BILLIONS a year?

OF cooooourse they didn't fucking grant me the loan, and you can't buy a decent car for much less than that these days! I'm so pissed. I tried getting a bad/no credit loan online (even though my credit is really good - 700, but i've only had it for a year), and they denied me based that i've only been at my job for 9 or 10 months. What the FUCK! They're more than happy to grant a loan to a jobless degenerate with 5 kids for a brand-spanking new car, but they wont even give me a measily 3 thousand to buy an OLD BEATER!!

And can you believe that there was a guy, trying to sell a 92 civic, with 298,000 MILES for $3,500!! And the worst part is that there's someone out there dumb enouhg to buy it for that price.

God i'm so ticked. A nice vigor slipped thorugh my fingers for this fucking bullshit. You can't borrow money unless you have money..

P.S. BTW, here's the car i wanted
http://www.fcscc.com/980419f.gif

Its a credit card company one of the lowest forms of life (Business) on earth. I wouldn't expect anything less. Sorry to hear that though.

way to get at least SOME of the money back....you got shafted man...

I gave up on the whole loan thing months ago. I think its just luck to get loans. Its like people with the same type of history can be denied for a small loan of the same amount with a good amount of credit history. Oh and credit cards for young people.......STAY AWAY FROM MORE THAN ONE!!!!!

I recently opened a chequing account at the bank which I ahve had savings account at since I was 12. When you open an account, they give to 4 free cheques. I went through those then went to buy a book of cheques. Guess how much they wanted to charge me? $20 for 25 cheques. This does not include the fees that they charge you when you use a cheque. $20 for 25 slips of paper. (Then again, a $20 is just another slip of paper...)

Guess what I found out a month after I opened that account? Anyone who switches their chequing account from another bank to them gets a free iPod Shuffle. Way to fucking go TD Bank... entice new customers with rewards and screw the people who have been with you for years...

When I joined my bank, I recieved a tent.................o.k.

when my sister joined, she recieved a cheap tool set.

when my brother joined, he recieved a toaster...........

I recently opened a chequing account at the bank which I ahve had savings account at since I was 12. When you open an account, they give to 4 free cheques. I went through those then went to buy a book of cheques. Guess how much they wanted to charge me? $20 for 25 cheques. This does not include the fees that they charge you when you use a cheque. $20 for 25 slips of paper. (Then again, a $20 is just another slip of paper...)

Guess what I found out a month after I opened that account? Anyone who switches their chequing account from another bank to them gets a free iPod Shuffle. Way to fucking go TD Bank... entice new customers with rewards and screw the people who have been with you for years...

As soon as a bank wants to charge you for anything, simply ask if they'll waive the fees. If they don't, do not open the account or simply withdraw all your money. If they hand out free stuff to new accounts (assuming you would otherwise qualify), ask for one yourself and if they don't, take out all your money.

One hundred or one hundred thousand dollars, banks don't like to lose business.

When the fuck did they start doing this?! As far as *I* could remember, the rule was that if you didn't have the money, the transaction doesnt go through! Now they are digging me deeper and deeper into the hole, a whole hellova lot faster than i can dig my way out, not to mention that they're fucking up my credit! I wish that i could get a lawyer to side with me against this extortion!


(didn't read any of the replies yet)

Sorry to hear that, but banks & credit card companies have been doing this for a long time now. Allowing you to withdraw a few extra dollars out of your account is called a "fluff" It is designed for emergency cash just in case if you do overdraw. The only problem is that you pay fees for overdrawing your account. Some banks have their fluff up to $20. Think about it this way, if you were stranded and had no means of money, that fluff would come in handy. You can request them to remove the fluff, but keep in mind that there are some small mom & pop stores that could still let you overdraw. Also gas pump stations only authorize $1. So if you have $3 in your account, and you pump $10, you will overdraw because you have over $1 available. The bottom line is that ppl should really balance their accounts better, so that the banks don't rob you of your hard earned money :2cents:

w3rd to the money management

is it a conicidence that bankers sounds like wankers? i think not...

do what i do, just don't go in banks! you walk in with a smerk on your face and they'll ask you to leave!