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| *Ostroff, Fair and Company>>>Other - Business & Finance |
Why do banks screw people? |
why dose wells fargo screw with peoples money. you see i had 2 secuerd credit cards from wells fargo the onje i had was a year old so they unsecured it the other one was the same exsept they wont unsecure it there reasoning is funds even though i put 5,000$ a month in threw this card , they still said no so i went to close the account due to wells fargo's bad banking polices, now they tell me that i have to wait 30 days for the account to close and then another 30 days to get my 5,000. WHY? why do they do this . it's bad banking . I think everybody with wells fargo bank accounts should close then.then maby they will think about the way they treat people.!!!!! Charge $5000.00 to your credit card then stop. banks treat people any which way they want.. because they can Yeah, I have already quit Wells Fargo, and I am about to do the same with Wamu. I am gong to find a credit union instead. Pretty simple. It's all about money ... therefore, it's all about greed. The longer some institution can hold your money ( using any of a million excuses ) then, the more interest they compile using YOUR money. I've never dealt with 'Wells Fargo'. Thanx for the info. ! I never will ! I just learned from a seminar that banks overcharged home owners mortgage by the millions... using terms that we may not fully understand in the contract we signed, we apparently dumped millions of dollars in accounts that generate no interest at all.. but only helping the banks to become bigger and more profitable.. In countries that do not have 'Mortgage Audit" to counter this malpractice all interest overcharged are not recoverable... So if the bank is holding your money for 30+30 days, it is a begger bank or a mouse bank. A more classy one is called a python bank. They offer you Flexi Mortgage loan in elaborated newspaper advertisement and will reap phantom profit from you without mercy. that is how the banks work in my country..And i think the psychology is the same around the world.. So don't feel too bad about it. Just be aware next time you borrow money from ANY banks..God Bless ! There again, some too many voted conservative. |
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