Sovereign Bank
Hardsell Techniques

I attempted to cash-out a CD-I had with Sovereign. They questioned me what I had been performing using the cash (none of the company), but I told them I had been purchasing a vehicle. They attempted to persuade me I had been better-off placing the cash right into a checking account there and getting out a house equity mortgage and so I might withhold the curiosity from my fees. Factor was, I was purchasing the vehicle overall and did not require a mortgage. Any tax savings I'd have experienced might have been not as then your curiosity I'd to pay for them! They simply kept saying again and again "but you will lower your fees. Below, simply register." They handled me just like a moron and would not take-no for a solution.

Company: Sovereign Bank
Country: USA
State: Massachusetts
City: Acton

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