U.S. Bank
FRAUD TO -Consumer Overdraft Protection Fair Practices Act Amends the Truth in Lending Act - FRAUD
- 02-02-2011
- 78
'BAILOUT' NOT ENOUGH Action to be taken,
All Bankshave been blaming consumers for the additional overdraft fees that they didnot cause by falsly informing them that the condition precedent was insufficient funds.
Without a pre-existing overdraft in the consumers' checking accounts/business accounts, it would bedifficult for the banks to assess the additional overdraft fees the consumers did not cause themselves via its creative accounting practice (delaying and paying debits from high to low). The banks have engaged in predatory practices to cause the consumer to overdraft their accounts
This problem INVOLUNTARY DISSOLUTION, AND FOR OTHER RELIEF ARISING FROM Violations of Registration, Reporting & Record keeping Statutes
Engaging in Unfair Competition
Disseminating False or Misleading Statements
Company: U.S. Bank
Country: USA
State: California
City: Lancaster
Site: u.s.bank