Banking fees, Occupy Wall Street and one of our interviewees

Dorothy Carlos, whom we interviewed early in 2010, sent us an email this week.  She wrote about a fee she was charged by her bank, without any explanation.  She challenged the fee and was told it was $10.00 charge for a fax sent to another bank that requested information on her mortgage!

The imposition of this fee prompted Dorothy to write to us and express her support for the Occupy Wall Street movement:

“I am writing you to make a comment about the OWS and how very important it is and what just happened to me.  I received my statement for my Mtg [mortgage] and noticed a $10.00 amount listed which just said OTHER with no explanation for the charge.  I called Wells Fargo to inquire about this charge and was informed that this was due to the fact that another institution had made an inquiry as to my pay off and this charge paid for the fax that WELLS FARGO had sent. This is just another way these banks are ripping off borrowers  A Charge for a fax and then no explanation for it, just added on to your mortgage payment. I only wish I was able to leave this banking institution but I can at least let others know of their banking practices and hope borrowers stay away.”

As a result of protests sparked by the Occupy Wall Street movement, the Credit Union National Association estimates that 40,000 consumers opened accounts on November 5, “Bank Transfer Day,”  transferring $80 million in savings into credit unions across the country.  Between Sept. 29 and the first week of November, 650,000 consumers opened new credit union accounts with a total of $4.5 billion, said Patrick O’Keefe, communications spokesperson for the association.



BookerSpole said:

can order viagra chemist viagra coupon 100mg viagra halbieren viagra pills online generic viagra prescription

DavidSycle said:

buy kamagra no prescription kamagra online buy kamagra cheap kamagra oral jelly kamagra buy shops

cheap cialis said:

discount viagra cialis levitra generic cialis cialis cheapest lowest price cheap cialis cheap cialis next day shipping

JosephDok said:

cialis sale montreal cialis cheap order cialis usa cheap cialis order cialis from mexico

Williamaxiox said:

is it legal to order viagra online levitra vardenafil 100mg bayer 30 tablet can viagra and cialis be used together buying viagra online in ireland cialis 5mg 28st fta

Kelfuhbuike said:

Acheter Cialis 20 viagra online pharmacy Viagra Funziona Veramente

tadalafil 60 mg said:

cheap cialis cialis 10 mg cheapest generic viagra cialis cialis 40mg cialis for sale in philippines

KennApaceach said:

Dose Amoxicillin viagra Acheter Du Amoxicillin Moins Cher Medicament

Leave a Comment »

Leave a Reply

Your email address will not be published. Required fields are marked *