When I was in my early twenties, I decided to open my first savings account (already had a checking account) at BofA. The agent at the branch didn't tell me there was a minimum balance of $50 and let me open it with $20. Immediate penalty. I was too young and naive to know how to stand up for myself. I'd get that shit reversed today on grounds that she failed to properly inform me. At ~22, I just took the hit.
I'm sure she got commission on that shit, else why would she let that happen? The banking industry is fraudulent from top to bottom.
9 replies
Nope they never learn
When the fines are less than the profits, what’s there to learn? Just the cost of doing business.
Exactly
Cost of doing business.
I'm glad I bank with Wells Fargo
Excuse me, but you dropped this, /s
When I was in my early twenties, I decided to open my first savings account (already had a checking account) at BofA. The agent at the branch didn't tell me there was a minimum balance of $50 and let me open it with $20. Immediate penalty. I was too young and naive to know how to stand up for myself. I'd get that shit reversed today on grounds that she failed to properly inform me. At ~22, I just took the hit.
I'm sure she got commission on that shit, else why would she let that happen? The banking industry is fraudulent from top to bottom.
It sure is weird how if I committed millions of dollars in fraud, I'd go to prison for 10-20 years.
Are you sure? Have you tried it?