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I HATE cascading overdraft charges

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uppityperson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-14-06 01:11 PM
Original message
I HATE cascading overdraft charges
OK, I made a BIG mistake and forgot to write down an electronic payment, causing a check to bounce. And a fee to be applied. So the next check bounced because of that fee. And another fee applied. Repeat for a total of 5 and now I'm down $125 in fees and calling all over town apologizing. I really hate the cascading effect. argh.
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Connonym Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-14-06 01:12 PM
Response to Original message
1. They like to kick you when you're down
assholes
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Nickster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-14-06 01:14 PM
Response to Original message
2. Call the bank, you might be able to talk them into removing the overdraft fees. It happens to
everyone from time to time, but if you have a pretty decent record with them, they might cut you a break. I know that I've been able to get it before.
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uppityperson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-14-06 01:16 PM
Response to Reply #2
3. That's a good idea. I called and transfered $ between accounts
we have several and have money in them, just f*ed up on this one. I'm headed into town later to deposit more checks, will ask and see what they say.
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Hugin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-14-06 01:16 PM
Response to Original message
4. I think they're floating Wall Street with one a friend of mine wrote once...
It's *still* bouncing around.

Financial Analysts are still studying the ripple in the economy.

Similar story to yours... Wrote a electronic payment; forgot to void the paper check;
bought lunch $6.34; six years later it's still out there... somewhere... :scared:
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