National "Dump Your Bank" Day

ThePhanastasio · 11-05-2011, 10:23 PM

I dumped my bank a few years ago, because they kept fining me anytime my balance dipped below $20 for more than three days - which, let's face it, was always going to happen since I was living paycheck to paycheck.

I also overdrafted ONE TIME, for $1.67, and they charged me a $200 OVERDRAFT FEE. I just went ahead and paid that off with my next paycheck, which sucked balls because I had to go two weeks pretty much broke...because I paid yet another fine to withdraw from the bank.

Lovely establishments, banks.

Guybrush · 11-06-2011, 03:27 AM

Quote:

Originally Posted by ThePhanastasio

I dumped my bank a few years ago, because they kept fining me anytime my balance dipped below $20 for more than three days - which, let's face it, was always going to happen since I was living paycheck to paycheck.

I also overdrafted ONE TIME, for $1.67, and they charged me a $200 OVERDRAFT FEE. I just went ahead and paid that off with my next paycheck, which sucked balls because I had to go two weeks pretty much broke...because I paid yet another fine to withdraw from the bank.

Lovely establishments, banks.

Wow, your banks are pretty harsh. If that happened to me, I would definetly consider switching banks. The one I use I never had any problems with of any kind, even if my account went into the negative by perhaps a 100 dollars

ThePhanastasio · 11-06-2011, 03:32 AM

Quote:

Originally Posted by tore

Wow, your banks are pretty harsh. If that happened to me, I would definetly consider switching banks. The one I use I never had any problems with of any kind, even if my account went into the negative by perhaps a 100 dollars

Oh, man, you're lucky! For a while, I thought it was just me that the banks had singled out to be douches to, because I'd never heard anyone complain - and I mean, that was something worthy of complaining about!

Then, I finally heard someone else bitching about it. It turns out, this particular bank had an option for a "gold" package, which apparently was a nominal fee of $10/month or something I had opted out of - BUT this package was the only way to avoid "overdraft fees on overdrafts of less than $100." Or it may have been $75. Something ridiculous.

Which is kind of sketch in the first place. But they absolutely do NOT even tell you about that when you're signing up for the bank. I signed up for it out of convenience, because it was literally right next door to work, and that bank had the most ATM machines across town so I could avoid ATM fees.

Fat lot of good that did me.

Mrd00d · 11-06-2011, 03:02 PM

Quote:

Originally Posted by ThePhanastasio

I dumped my bank a few years ago, because they kept fining me anytime my balance dipped below $20 for more than three days - which, let's face it, was always going to happen since I was living paycheck to paycheck.

I also overdrafted ONE TIME, for $1.67, and they charged me a $200 OVERDRAFT FEE. I just went ahead and paid that off with my next paycheck, which sucked balls because I had to go two weeks pretty much broke...because I paid yet another fine to withdraw from the bank.

Lovely establishments, banks.

That stinks!
Yeah I wasn't going to go hungry or broke for any bank. I checked my balance online at the library and it said 20 dollars left, nothing pending. I had 6 days until payday, so I had to ration. I was spending like 2 bucks here, 1 here, 3 here, and I got back to the computer on Thursday to see if I could squeeze another dollar out, and I was 800 in the red. Apparently, I didn't have the 20 bucks in there. It was already used, and hadn't reflected online yet. So I got some 7 or 8 exponentially worse overdrafts in a row. I went to talk to the bank, even the manager and she just told me tough luck. Cut my card up that day. 20 dollars in food stuff came to 800 something dollars. That's about a months worth of pay! Makes me angry still.

**Janszoon** · 11-06-2011, 03:16 PM

Quote:

Originally Posted by Freebase Dali

It's a good idea to check your credit report at least once a year. In the US, you can get a free credit report annually, from Experian and Equifax. (Or you can do it every 6 months by getting one from one company, and another from the other 6 months later)

I thought I remembered hearing before to that checking your credit often can actually affect the score.

hip hop bunny hop · 11-06-2011, 04:31 PM

Quote:

I thought I remembered hearing before to that checking your credit often can actually affect the score.

Eh? No.

Freebase Dali · 11-06-2011, 04:58 PM

Quote:

Originally Posted by Janszoon

I thought I remembered hearing before to that checking your credit often can actually affect the score.

If it's your own credit report, no.
If you have a lot of inquiries about your credit rating from other people, like creditors, etc., then yes.

tommycas · 11-26-2011, 06:01 PM

Quote:

Originally Posted by Mrd00d

I dumped my bank in '08. They still claim I owe them 800 dollars in overdraft fees. I honestly don't. Bank of America can eat my poop. That place is money hungry. They try to take advantage of everyone. They're not a people's bank, that's for sure. I'm glad I stopped banking. I don't even miss having one. Nothing changed, I just have all my cash in hand.

Good move, did the same recently. Why leave hard earned bucks in the bank to earn a 1.10% rate (and thats being fair here) while they charge 23.99% rate. It kind of cancels out what ever you earned because you pay it back, not just to the bank, but to all the hidden fees and surcharges from all the corporations and conglomerates (Con Ed, CableVision, Sprint, etc.)

Mr. Charlie · 11-07-2013, 09:16 AM

It's tough to go through life without a bank. Few employers will pay you in cash. But, yeah, banks are evil. They make money from thin air, sell it to the government, who then have to rob us to pay it back:

Dulce · 11-07-2013, 09:47 AM

credit cards = debts.

11-05-2011, 10:23 PM	#21 (permalink)
ThePhanastasio Killed Laura Palmer Join Date: Sep 2010 Location: Ashland, KY Posts: 1,679	I dumped my bank a few years ago, because they kept fining me anytime my balance dipped below $20 for more than three days - which, let's face it, was always going to happen since I was living paycheck to paycheck. I also overdrafted ONE TIME, for $1.67, and they charged me a $200 OVERDRAFT FEE. I just went ahead and paid that off with my next paycheck, which sucked balls because I had to go two weeks pretty much broke...because I paid yet another fine to withdraw from the bank. Lovely establishments, banks. __________________ Phish: Studio Discography Reviewed 100 Albums I Heartily Recommend My last.fm It's a hand-me-down, the thoughts are broken Perhaps they're better left unsung

11-07-2013, 09:16 AM	#29 (permalink)
Mr. Charlie Shoo Thoughts Join Date: Oct 2013 Location: These Mountains Posts: 2,308	It's tough to go through life without a bank. Few employers will pay you in cash. But, yeah, banks are evil. They make money from thin air, sell it to the government, who then have to rob us to pay it back:

11-07-2013, 09:47 AM	#30 (permalink)
Dulce WILDFIRE Join Date: Jul 2013 Posts: 232	credit cards = debts.