he put in a check and when he checked it said he only put in 1 cent. He went in and wells fargo told him not to worry about it and they will credit his account. They credit his account a few days later but the gave him more money then what he put it. He did not catch it because he had a whole lot of money in the bank. NOw this was back in November of 2006. NOw they are asking him to repay this amount that they overpaid him back. This is not his fault right shouldnt it be the banks fualt. I mean he put his check in and the funds where not available for 3 days then they put it in isnt their fualt not his. And now they are telling him three months later. What can we do. This is not right at least this is what I feel. What can we do.
2007-01-10 05:33:55 · 12 answers · asked by MissYYYY 1 in Politics & Government ➔ Other - Politics & Government
you retard...they overpaid you and you spent it instead of giving it back like a decent human. you owe the money. quit trying to weasel out of it, you losers!
hope this helps! :)
2007-01-10 05:38:27 · answer #1 · answered by im_here_4_the_laughs 1 · 4⤊ 1⤋
He needs to pay the money back. It's the only right thing to do. Why should he get to keep money that isn't his? He would have caught the error if he had balanced his checkbook against his monthly statement. I find it odd that he caught the error when not enough money went in and never followed up to make sure the correct amount was deposited. If he had, he would have known they deposited the wrong amount and he could have rectified it 3 months ago. Shame!
2007-01-12 11:26:57 · answer #2 · answered by Swim Mom 4 · 0⤊ 0⤋
You legally are responsible to pay for the excess. Remember that even if you have direct deposit, if that deposit comes on Friday afternoon, it is not credited to your account until Monday morning (3 days later). It does not matter if thier mistake put more money into your account, you still owe them the money. How do you think you are entitled to free money from the bank?
2007-01-10 13:57:01 · answer #3 · answered by msi_cord 7 · 1⤊ 0⤋
You expect them to take responsibility for their faults but he also needs to take responsibility for his fault of not catching the over payment and if he spent it that was just even more wrong. They were going to catch up to it eventually, there was no hiding something like that. If he were to bounce a check by going over because of their error then they should pay the fees, but they still get their money back.
2007-01-10 15:28:22 · answer #4 · answered by 2007 5 · 0⤊ 0⤋
You answer the question yourself. You're upset when they put the deposit in as $0.01, you want it to be correct. Now they give you more money and they want to be correct and now you're fighting for it to be incorrect, which is completely against your original argument. What makes you think you should be entitled to money that is not yours anyway? The bank made errors, make it right by the bank. They have every legal right and responsibility for the deposit to be the correct amount.
2007-01-10 13:43:59 · answer #5 · answered by Joe L 3 · 4⤊ 0⤋
At least they caught it within 90 days. Something similar happened to me only it took them 3 years to catch it. I refused to pay back and they wrote it off.
Granted it's not your boyfriends fault the bank goofed, but to stay in good standing he should payback the difference. You could always talk to a lawyer to see if there is anything you can do about this.
2007-01-10 13:49:32 · answer #6 · answered by Dana H 2 · 1⤊ 1⤋
Why isn't it right? The extra money wasn't his, he should pay it back.
And they only reason they put a hold on the check was to make sure it cleared.
2007-01-10 13:41:54 · answer #7 · answered by Anonymous · 4⤊ 0⤋
You're right, it wasn't his fault, but it wasn't his fault that they underpaid him the first time. He was entitled to the amount on the check; no more, no less. If the bank gave him more, he must repay it.
2007-01-10 13:43:32 · answer #8 · answered by Woz 4 · 3⤊ 0⤋
Legally you have to give the excess back.
The law and the banking agreement you signed when you opened the account are clear on this.
2007-01-10 13:47:23 · answer #9 · answered by American citizen and taxpayer 7 · 2⤊ 0⤋
Its his fault he knew how much the check was for its not the banks fault its HIS
2007-01-10 13:46:57 · answer #10 · answered by shorty 6 · 2⤊ 0⤋
your boyfriend lied. he TOLD you that he put that money in, but in reality he spent it on porn and hookers. Then he formed this elaborate story about where it went so you wouldn't find out.
But he said it was the best weekend of his life, and well worth the trouble.
2007-01-10 13:48:46 · answer #11 · answered by ChaCha Y 1 · 0⤊ 1⤋