I have a theory about banks, possibly a conspiracy theory, but whatever. I noticed that banks will sometimes delay a payment up to 5 or event 10 days, especially by bank draft. I have a feeling that the reasoning is because they have a background system that checks when you go under that payment limit, so they can slam you with fees. Example, if you need to pay 5K for a car repair, and you have 7K in your account, and in 3 days you spend 2100 on utilities and repairs, thinking you have enough cash, the bigger car repair payment will conveniently post AFTER the second payment(In reverse). This will make balance go from : 7 - 2100 - 5 = negative, instead of of 7 - 5 - 2100, which is more noticeable to the consumer.
TLDR: Banks are scummy as fuck, and I hope the kikes who own them burn in hell
view the rest of the comments →
[–] Le_Squish ago
Do people not read the terms of agreement on anything ever? Some banks have it that they can deduct fees whenever they feel like it instead of a regular day each month.