With a bank like Bank of America, who needs robbers?
(Overdraft charges, after a stop payment, against an empty closed account!)
Bank of America completely ignored my stop payment on a closed account and charged me for the Carleton Sheets, No Money down scam.
I stopped payment on this scam and was absolutely astounded when I found out later they had decided to charge me in contradiction to a confirmed stop payment.
I sat down with the bank officer and placed a stop payment on the purchase. I emptied and closed my account.
The bank turned around and placed an overdraft on my closed, empty account. Not just the $19.95 as advertised on TV but an unbelievable $504.85.
I took the bill back to loan officer who, just two days earlier, assured me the stop payment was complete. She stone facedly told me there was nothing she could do.
Nothing? I sat and watched as she stopped payment on
the transaction, gave me a receipt and closed that account just two days
earlier. She than suggested I could dispute the bill!
Dispute the Bill? (I didn't want to be involved with this scam!)
I sat in her office again while she called and put in a dispute and two weeks later the bank told me I had ordered the course. (Yes I did and I didnt want it!)
Just two months earlier I made sure a block was put on my account. My bank statement had $105 in overdraft fees for a loaf of bread, a Sunday newspaper and 5 gallons of gas for my lawnmower. After a long discussion about courtesy verses paying $35 for a loaf of bread, the loan officer reluctantly put a block on all my accounts for any overdrafts.
(If I dont have any money in one of my accounts dont charge me $35 for a newspaper, let me use another form of payment!)
So with a block on that account, facing a $19.95 reoccurring monthly fee for some type of No Money down update, I was done with it! I paid to stop payment on the Scam and closed out that account.
Than, the Bank of America scammed me again! Two days later they paid the scammers $504.85 out of a stopped payment, closed, blocked and empty account and charged the entire overdraft to me!
To this day I still dont have that stupid Carleton Sheets course but I sure paid for it!
(Do not ever trust or use this bank!)
Some additional Bank of America victims from Forbes.com: The $410 million Overdraft Fee Settlement, The MBIA Lawsuit, The Federal Housing Finance Agency Lawsuit, The Fannie Mae and Freddie Mac Settlement, The $8.5 Billion Settlement with 22 Big Investors over MBS Repurchase Claims, The $10 Billion American International Group Lawsuit, The Allstate Lawsuit, State Attorneys General Foreclosure Claims, The $624 Million Securities Class Action Settlement, The Securities Class Action Opt Out Lawsuit, The $1.6 billion Assured Guarantee Settlement, The Ambac Lawsuit, The U.S. Bancorp lawsuit, MBS Multidistrict Litigation, Auction Rate Securities Litigation and many more
With a bank like this, who needs robbers?