BOUNCED "CREDIT CARD" CHECK

[FAYE TERESA]

Bounced "credit Card" Check

What is the name of your state?I Live In Ca And Used A Credit Card Convience Check And It Bounced.

My Credit Union Called This (VERY WELL KNOWN)Credit Card Company Before Depositing The Check And RECEIVED Verification That The Funds Were Indeed Available. I Too Called And Spoke With 3 Different People And Was Told That My Available Credit Was $8102.00. I Wrote The Check For $8100.00, My Credit Union Immediately Credited My CHECKING Account For $8100.00 Assuming That The Funds Would Be Avalible TO THEM In 3-5 Business Days And SURE ENOUGH, The Check Bounced. MY CHECKING ACCOUNT IS COMPLETELY IN THE RED. I HAVE NEVER BEEN IN A SITUATION LIKE THIS BEFORE AND HAVE GREAT CREDIT!!!!!!

There Is Way More To This Story,. Should I Continue????

 

[Happy Trails]

What is the name of your state?I Live In Ca And Used A Credit Card Convience Check And It Bounced.

My Credit Union Called This (VERY WELL KNOWN)Credit Card Company Before Depositing The Check And RECEIVED Verification That The Funds Were Indeed Available. I Too Called And Spoke With 3 Different People And Was Told That My Available Credit Was $8102.00. I Wrote The Check For $8100.00, My Credit Union Immediately Credited My CHECKING Account For $8100.00 Assuming That The Funds Would Be Avalible TO THEM In 3-5 Business Days And SURE ENOUGH, The Check Bounced. MY CHECKING ACCOUNT IS COMPLETELY IN THE RED. I HAVE NEVER BEEN IN A SITUATION LIKE THIS BEFORE AND HAVE GREAT CREDIT!!!!!!

There Is Way More To This Story,. Should I Continue????

Was there a transaction fee?

 

[FAYE TERESA]

Yes There Was (it Is 3%) The Convienience (or Not So Convienient) Check Offers 3.99% For The Life Of The Loan. I Was Planning On Paying It Back With In Two Weeks.

I Also Got Charged $35.00 Fee From The Credit Card Company For Their Own Bounced Check. Plus A $25.00 Fee From My Credit Union And Other Fees That OccurED Due To Non Sufficiant Fees.

THE FACT IS "THE FUNDS FOR THIS CHECK WERE AND STILL ARE AVAILABLE" BUT THEY DO NOT WANT TO ADMIT THAT THEY MAD A MISTAKE.

I EVEN HAD A SUPERVISOR (THAT I HAD BEEN DEALING WITH FOR 3 HOURS ON THURSDAY) TELL ME TO TAKE MY CREDIT CARD AND GO IMMEDIATELY TO MY CREDIT UNION AND USE MY CARD TO GET A CASH WITHDRAWL SO I CAN PUT IT IN MY CHECKING ACCOUNT TO COVER THE BOUNCED CHECK. SHE WANTED TO CHARGE ME 10% OF THE CASH WITHDRAWL PRICE TO DO THIS. I TOLD HER THAT I DIDNT THINK IT WAS FAR THAT I HAD TO PAY 10% BECAUSE THEY MESSED UP IN THE FIRST PLACE. SHE THEN WENT TO HER MANAGER AND CAME BACK W/ AN OFFER OF ONLY CHARGING ME 5%. I STILL DECLINED. SHE THEN, AFTER SPEAKING WITH HER MANAGER FOR THE 3RD TIME SAID THEY WOULD DROP THE CASH WITHDRAWL FEE ALTOGETHER. I WAS THRILLED!!! I THEN, IMMEDIATELY WENT TO MY CREDIT UNION TO COMPLETE THIS TRANSACTION AND SURE ENOUGH MY CARD WAS DECLINED.
I COULDN'T BELIEVE IT!! AFTER ALL THAT. THEY ARE 3 HOURS AHEAD OF ME SO BY THE TIME I GOT HOME FROM THE BANK, THEY HAD GONE HOME.

I CALLED HER THE NEXT DAY TO TELL HER MY CARD WAS DECLINED AND GUESS WHAT??? SHE WAS OUT SICK AND SO WAS HER BOSS. SO I HAD TO SUFFER ANOTHER DAY W/OUT ANY MONEY IN MY CHECKING ACCOUNT FOR INCOMING BILLS, GAS MONEY, GROCERY MONEY ETC.

I FINALLY TALKED TO HER ON FRIDAY (THIS PAST FRIDAY) AND SHE CASUALLY APOLIGIZED FOR THE PROBLEM. sHE DIDNT REALIZE THAT THE CASH WITHDRAWL AMOUNT WAS ALOT LESS THEN THE AMOUNT THAT WE HAD DICUSSED ME WITHDRAWLING WHEN WE HAD THE PHONE CONVERSATION.

I THIS POINT I AM GETTING A WEE BIT UPSET BECAUSE I AM IN THIS POSITION BECAUSE OF A FAULT OF THEIRS AND ALL THEY CAN SAY TO ME IS "I UNDERSTAND". I REALLY DONT THING THEY DO UNDERSTAND. THEIR CONVIENENCE CHECK BOUNCING CAUSE MY CHECKING ACCOUNT TO BECOME A HUGE NEGITIVE AND FOUR THOUSAND DOLLARS OF OUR HARD EARNED MONEY WENT TO COVER THEIR CHECK.

DONT YOU THINK IF THEY ARE NOT RESPONSIBLE FOR THIS PROBLEM THEY WOULD'T HAVE OFFERED TO DROP THE 10% CASH WITHDRAWL FEE?

WHY WONT THEY JUST APOLIGIZE AND ADMIT TO THEIR ERROR???

There Is Still alot More To The Story.

I Have Caught The Credit Card Reps, Managers In Contradicting Stories.

 

[Happy Trails]

Yes There Was (it Is 3%) The Convienience (or Not So Convienient) Check Offers 3.99% For The Life Of The Loan. I Was Planning On Paying It Back With In Two Weeks.

I Also Got Charged $35.00 Fee From The Credit Card Company For Their Own Bounced Check. Plus A $25.00 Fee From My Credit Union And Other Fees That Occurs Due To Non Sufficiant Fees.

There Is Still alot More To The Story.

I Have Caught The Credit Card Reps, Managers In Contradicting Stories.

The mistake you made is you didn't consider the transaction fee as part of the loan. It put you over the amount of available credit. That is why they didn't honor the check and charged you for an OTL fee.

Nothing you can do about it.