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Report: #1487856

Complaint Review: TD Ameritrade -

  • Submitted:
  • Updated:
  • Reported By: Gustave — Crete illinois United States
  • Author Not Confirmed What's this?
  • Why?
  • TD Ameritrade United States

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I use to have a td Brokerage account  for margin fees  they charged  me  the price  of a $34.00  stock  they took the whole $34.00  now  i had a  a visa card  for years but i never  see any complaints  so im looking at my november statment of 2019    balance $2,909.55  which i pay the average of $84.00  a month. 

well the added  interest and it is$54.32  PURCHASES  19.99%  AND  CASH  ADVANCES  25.24%    They are getting away with murder  im on social security  disability.

 I never get a break on fees ever.  plus they lowered my credit  because of my report    .they said they can do that  but im current  with my account    the added $54.32  intrest  to my bill  after a a payment of $84.00  . i need help    bring this crook in court.

This report was posted on Ripoff Report on 11/15/2019 08:42 PM and is a permanent record located here: https://www.ripoffreport.com/report/td-ameritrade/intrest-fees-astronomical-1487856. 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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REBUTTALS & REPLIES:
0Author
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#2 Consumer Comment

TD Brokerage Has Nothing to Do With Your Complaint

AUTHOR: Jim - (United States)

POSTED: Monday, November 18, 2019

You have a VISA card balance that you can't pay off, and presumably you seem to be taking cash advances out against the card - and you not only can't pay the card off, you cannot afford to pay more than the minimum.

If you have family, it's now time to give them a call and ask for some help.  Have them pay off the balance, and then figure out how you are going to live on SSDI.  If you cannot live on your own on SSDI, then you are going to have to consider other living arrangements.  Also, getting rid of your VISA will help.

If you don't have family, then bankruptcy will be a part of your future.  Bankruptcy for $2900 isn't worth doing.  If it happens to be $10K-$20K, then it makes sense.  Creditors can't attach your SSDI, so other than the filing fees, it isn't worth your creditors time.

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#1 Consumer Comment

The Courts Can’t Help You

AUTHOR: coast - (United States)

POSTED: Sunday, November 17, 2019

You’ll need to pay more than the 3% minimum due each month or the interest will eat you up and it will take years to pay off the balance.

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