Regions Bank Compliment - BLATANT GOUCHING AND PROFITEERING
Have had a checking account with Regions for a long while now. But, due to the fact that I have been charged Non Sufficient Fees mercilessly, prompts me to share this piece of information.
I pulled out all my checking statements, some on-line and, made a study of the way their system works when you, as a consumer, have charges pending.
It is so obvious that Regions begins by taking out the highest amounts to the lowest amounts first, rather than in the "order the transcations occurred". Making it easier to drain the account faster or as fast as possible, so if for example, you have a minus.50Cents and other transcations are pending, they DRIVE UP THE NSF instantly.
I think this is blatant profiteering, sticking their hands on the pockets of honest working consumers.
When you ask the representatives for some kind of adjustment, they stand by the script:"if it would have been a bank error then we would be glad to take them off". Or, "...well Sir, you know it is the SYSTEM"...and no matter which turn you take, they have an answer for you that "Well...Regions Policies on processing payments is the way it is...Etc."
When you look and see that (4) four transcations were affected by all this Policies and you are $140 on the hole, then you realize...Who the hell are they kidding? Who can you ask for help? If you ask to put some block on those charges coming in again, they say: "Oh, No, we cannot do that" Of course they can do that...Who are they kidding?And so, the charges come in again,resubmitted and there you are, $280 on a bigger hole.
Blatant, blatant profiteering and gouching! That is all it is!!!
You can scrape me off the ceiling...I don't care for the money, but the way it is done and still call it "business practices" can give anyone a heart attack.
Just don't Bank there...bank somewhere they know you, where the "system" is not the answer to your questions, to being literaly robbed.
Who, what Government Agency helps with this king of gouching and profiteering?