Lines of credit are based on income, not employment. I dont know what her income is but the fact that she is unemployed does not me she is without income. Banks charge excessive fees without regard for the moral, ethical or legal consequences. Charging a $10 fee on a $10 fee repeatedly no less (28 times I gather) is blatant theft. The sad thing is they get away with it because you cannot get anyone on the phone. The comment that no one has the authority in the branch to reverse the fees on fees I challenge. I truly hope this guy follows through with his plan.
I had an UNAUTHORIZED DEBIT post on my account and overdrew the account to the tune of $350 in overdraft fees. I went to the bank and signed an affidavit that the item was unauthorized, and the bank in no way, shape or form had the authority to pay this debit. The company that mistakenly sent the draft through, sent me a check for the $350 but BBT would not refund the charges. Now how is that? Whatever deal I work out with the person that sent the unauthorized debit through is between me and that party. The bank refused to refund the $350 stating I would be making $350 on the situation. I told them it seemed THEY were making $350.
It would be in the best interest of all involved if the bank did not cover your account with overdraft protection and just considered these as NSF and charged you NSF fees for exceeding the amount in your account.
That way your mortgage would not be paid. You get an NSF fee for the bad check. and a week later you get a mortgage late fee too.
Let me get this straight. You want the company that made the unauthorized debit AND BB&T to pay you back the $350?!??!
How the hell do you think BB&T is making $350 off the situation? They were charged $350 through the clearinghouse for your account. Has the company that initiated the charge reversed the charge through the clearinghouse?