I have a car loan with the bank. My car was parked in a garage while I was serving my country overseas. I had the car insured for fire and theft during that period.
While overseas, the sent letters to my home requiring that I get full liability insurance on a car that was not driven. I did not receive these letters till 3 months later when I was back in the US.
This Bank is part of a 'scam fraud with AIG Insurance Company'. The bank sends its customers a
"FREE disability insurance policy letter" underwritten by AIG Insurance Company. It then
gives the Insurance Company the customers checking account number and routing number !
"Unauthorized" so that the Insurance Company (AIG) has access to private checking accounts
and can debit funds without...
more
Posted by bertskibin
on April 21, 2009, (Edited March 03, 2009)
I understand that banks are in business to make money, truly I do. But, charging a 19-year old "new banker" well over $1,000 in banking fees in less than a month [and growing], refusing to negotiate to help the young person understand how to better handle finances and how she got in that situation to begin with is counterproductive to teaching financial responsibility. She had over a year of...
more
Posted by Carrollresident
on April 21, 2009, (Edited June 02, 2008)