Sovereign Bank Complaint - Sovereign Bank will sign you up for overdraft protection without your consent
Sovereign Bank signed me up for overdraft protection without my consent. I had been asked by one of their employees if I wanted to sign up for the overdraft protection the Friday before the new law was to take effect. I told her I was unsure and would get back to her. Months later I noticed overdrafts on my account. I contacted them and was informed that if I paid for the things I purchased they would remove the overdrafts from my account. I did this and they did not remove the overdrafts. They closed my account and it has now gone into collections. I would highly suggest getting it in writing if you do not want to have overdraft protection.