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Report: #476277

Complaint Review: JPMorgan Chase & Co - New York New York

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  • Reported By: Riveredge New Jersey
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  • JPMorgan Chase & Co 270 Park Avenue New York, New York U.S.A.

JPMorgan Chase & Co Bank overdraft fees: A reckless and untrammeled feeding frenzy on the blood of American workers New York New York

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The misconduct of our nations banks in regard to their unauthorized loan/overdraft fee profit schemes is severely affecting all Americans. Their flat out greed is unconscionable, and has vaulted well beyond reality and sanity to approach what could be described as an ongoing, premeditated and willful crime against against American workers. In the month of july 09 I had 12 overdraft fees from Chase bank. I had opted out of overdraft coverage at WAMU. But, Chase says they have no records of me opting out with WAMU even though I went into a WAMU branch and signed documents to this effect. What's even more frustrating is that two of the charges are on days when the account was not overdrawn and five other charges were because i used the wrong bank card at Walgreens. I have two accounts and the cards look identical so when my card was accepted i assumed it was the right one. This then triggered three consecutive overdraft fees for one item that i was mistakingly charged 3X for! With 3 separate overdraft fees! What this amounts to for me is paperwork I don't have time to file and phone calls I don't have time to make ...and a vacation promise that i made to my kids that I can no longer afford to keep. Please make them stop. If the moderators would like to look at any of my records to support my statements just say so and I'll send them along. I'm really not a big blogger. If I was better organized I'd have all kinds of links for you and actions you could take. But I don't. I just want them to stop. If my company could direct deposit under my mattress I would sign up immediately. I can't afford to bank anymore. How much more of our future will these bankers take before some measured voice of reason finally cries...enough.

I urge you to support the Consumer Overdraft Protection Fair Practices Act. Don't let this vital piece of legislation be rewritten by bankers as it languishes in never-ending committees.

Chasing Justice
Riveredge, New Jersey
U.S.A.

This report was posted on Ripoff Report on 08/04/2009 09:47 AM and is a permanent record located here: https://www.ripoffreport.com/reports/jpmorgan-chase-co/new-york-new-york-10017/jpmorgan-chase-co-bank-overdraft-fees-a-reckless-and-untrammeled-feeding-frenzy-on-the-476277. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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