pure greed if you ask me.
2007-09-05 11:17:15 · 27 answers · asked by 333-half-evil-333 5 in Entertainment & Music ➔ Polls & Surveys
ha ha. Good question! Why don't you open a bank. I'm your first customer.
2007-09-05 11:22:08 · answer #1 · answered by Anonymous · 1⤊ 1⤋
Of course it's greed, those stupid @sses I hate them. My bank TRIED to do that to us, and it turns out they were at fault. I have never bounced anything ever. We have savings and a money market account that is connected to checking. How in the hell can there ever be an issue if everything is connected and we have cash on hand with them? Grrr! I just switched banks because of that, actually. I hate Bank of America.
2007-09-05 11:25:16 · answer #2 · answered by wwhrd 7 · 0⤊ 1⤋
because all banks are money grabbing theives.
my husband accidentally went overdrawn for our mortgage and the bank charged him £35 for an unpaid direct debit and a further £28 charge for exceeding his overdraft.
bank charges are uncontrollably ridiculous. I am sure it cant be that hard for them to block an account which has insufficient fund and then stop any DD applications,a dn it is the banks who let you go over the overdraft and then THEY charge you for it.. all money making schemes.
2007-09-05 11:21:45 · answer #3 · answered by Anonymous · 1⤊ 1⤋
Yeah it's greed but fees are one of the few ways for banks to make money.
2007-09-05 11:21:05 · answer #4 · answered by Jon C 4 · 1⤊ 2⤋
If you have never been completely and 100% right before....congratulations!...you are now!
Shabby greed and disgusting theft are what characterises the practices of the high street banks.
They deliberately create the situations for their clients that result in the 'extra charges' they design!
British banking can be characterised in one word...Scummy.
2007-09-05 11:25:10 · answer #5 · answered by Anonymous · 1⤊ 1⤋
Good question I hate HSBC bank they are really greedy little piggies I m going to do a no win no fee claim and get my bank charges back!!!!!! that ll teach em
Sometimes you cant help having low funds!!!!!!!!!!
2007-09-05 11:20:59 · answer #6 · answered by Wiggly_pumpkin 3 · 1⤊ 1⤋
They charge it because it's YOUR responsibility to know your account balance and not overdraw. You having money in your account keeps them in business. They invest your money into bigger things so they can earn interest. When you take your money PLUS some of theirs (ie.: overdraw), that's a breech of contract.
I wouldn't call that greed, I'd call it a contract. Read the fine print. If you don't like it, pay everything in cash.
It is people who don't pay attention to their personal finances that ruin the market for everyone else. Get a grip.
2007-09-05 11:23:23 · answer #7 · answered by life is good 6 · 1⤊ 3⤋
i know it's crazy. they'll charge you for insufficent funds, then if that charge puts the account in over draft, then they'll charge an over draft charge. one bank i dealt with used to do that and they used to charge me $40 for the over draft. Then they boast about the money they make each year.
2007-09-05 11:27:44 · answer #8 · answered by percsdisco 4 · 0⤊ 1⤋
Because they have no scruples about ripping their customers. There is no prejudice here though, they like you if you have money because they use your money to make more and they love it if you are in debt because they make money out of that too by charging for unauthorised overdrafts.
2007-09-05 11:31:46 · answer #9 · answered by Anonymous · 0⤊ 1⤋
Because for every customer that queries a charge there are loads that don't
Bank Charges = Cash
2007-09-05 11:25:51 · answer #10 · answered by gama_212 1 · 0⤊ 1⤋
You went from having $5.00 in the bank... to now OWING $15.00!!!
Is this strange? Because now you have something less than nothing. In fact, having absolutely nothing would be better than what you have right now.
If you work at it, you could actually attain nothing. Because as it stands now -- you are required to pay something in order so that you may have nothing again.
2007-09-05 11:33:46 · answer #11 · answered by LuckyLavs 4 · 0⤊ 2⤋