US News

126 readers

1 users here now

US news only.

founded 5 months ago

MODERATORS

A bank created fake accounts, forced clients into unnecessary car insurance and repossessed vehicles when they didn’t pay. Now it has agreed to $20 million in penalties (www.cnn.com)

submitted 2 months ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 6 points 2 months ago

These shitbirds never change.

In the mid-00's they had a policy where they would rearrange your debits for the day from largest to smallest. Let's say you had $50 in your account and the following expenses:

$25 fuel 9:00
$10 McDicks 12:00
$2 candy bar 15:00
$55 Groceries 17:30

Instead of denying the last purchase, or doing what the other shitheels do and charging $30 for the overdraft, Fifth-third (yes that's how you say that dumbass name) would rearrange the debits so that you now incur four overdraft fees.

It was bad enough that a class action suit was brought against them. My wife got a whole $90 payout after sending receipts for over $600 in accumulated spurious overdrafts. (As a side point, she's much better with money and bookkeeping now).

I want to be clear, I have no intention of taking ~~the law~~ justice into my own hands. That being said, if I had a mental break and decided to do a little light culling, the deciders for 5/3 would be near the top of the list