Motherfucking banks.
Aug. 27th, 2003 10:23 amSo I went in specifically the other week to enquire what the balance of my personal loan was.
$200, and some change, plus some interest.
Yay!
And then the next automated payment on it came out of my account.
$350
Boo!
So I went in, and queried this, and had about the most condescending fuckhead say "well, that's the balance of the principal, not the payout amount. "
"And the difference is...?"
"Well, there'll be interest on that...."
"10 % pa on $212 over a week ... is $150 interest? Try again."
"I'll just check with the loan centre..."
*pause*
"I'm sorry, the extra was deducted by mistake, and will be refunded to your savings account within 5-7 working days."
"Plus interest?"
"Excuse me?"
"Well, you've had my money for two weeks by then - I'm losing interest on it. Will that also be refunded?"
"Um...."
So I didn't have time to argue with them this morning, but I *will* be calling them this afternoon to explain that as far as I'm concerned, I had a contrctual agreement with them allowing them to remove money from my account up to the amount of the loan plus interest. If they have taken more than that out, they have done so without my permission, and 5-7 days is an utterly unnacceptable period of time to wait for them to refund it. Gar.
Gar, I say!
Fucking banks.
Credit union for me, I think, from now on.
sol.
.
$200, and some change, plus some interest.
Yay!
And then the next automated payment on it came out of my account.
$350
Boo!
So I went in, and queried this, and had about the most condescending fuckhead say "well, that's the balance of the principal, not the payout amount. "
"And the difference is...?"
"Well, there'll be interest on that...."
"10 % pa on $212 over a week ... is $150 interest? Try again."
"I'll just check with the loan centre..."
*pause*
"I'm sorry, the extra was deducted by mistake, and will be refunded to your savings account within 5-7 working days."
"Plus interest?"
"Excuse me?"
"Well, you've had my money for two weeks by then - I'm losing interest on it. Will that also be refunded?"
"Um...."
So I didn't have time to argue with them this morning, but I *will* be calling them this afternoon to explain that as far as I'm concerned, I had a contrctual agreement with them allowing them to remove money from my account up to the amount of the loan plus interest. If they have taken more than that out, they have done so without my permission, and 5-7 days is an utterly unnacceptable period of time to wait for them to refund it. Gar.
Gar, I say!
Fucking banks.
Credit union for me, I think, from now on.
sol.
.