The Wealth Extraction Industry (cont.)
Two months later, my escrow has finally been refunded.
Banks Behaving Badly
The Wealth Extraction Industry (cont.)
I have now received two letters from Universal. One is a cancellation notice of the policy I didn’t know I had. The other is a response to the NCDOI. I also received a letter directly from the NCDOI. As of yesterday, the money has still not been refunded. The following is the OCR’d response. As …
The Wealth Extraction Industry (cont.)
Continuation of The Wealth Extraction Industry. It’s been a few weeks since I was told Universal would refund my escrow at US Bank. So far there has been no action. I contacted both the the BBB and the Consumer Financial Protection Bureau. I also contacted the North Carolina Department of Insurance. I initially submitted a …
The Wealth Extraction Industry
Your bank is handing out free money! Here’s the catch: it’s your money! About a year ago, I received notice from Allstate that they would not be renewing my home owners insurance policies for the next year. They had a partner company, Universal North America, send quotes to me for a new policy, but Universal’s …
Beware Inactivity Fees
I had about $55 remaining in my NASA FCU account, which I had never gotten around to closing. Most of that money was put in my account when I put up a fight over the change in the appraisal fee at settlement. I got a mysterious letter a few weeks ago that said I had …
Trust Account (continued)
Wells Fargo has agreed to refund the trust account.
Trust Account (continued)
So, I’m now in a fight with Wells Fargo over $3.50. They again took $7 out of my account, even after I brought it in compliance with the $1500 minimum. After a few emails, they refunded half. I then threatened to complain to the BBB, Pissed Consumer, and Ripoff Report. They wouldn’t back down. Apparently, …
NASA FCU Responds
I sent NASA FCU my letter of intent. Here is the response. I guess I have some paperwork fill out. I received your letter dated September 2012 and postmarked September 20, 2012 in todayโs mail. Your complaint about the handling of two loans in 2010 has already been addressed. The NCUA received your complaint in …
Trust Account
I store my tenants’ deposits in a trust account with Wells Fargo as required by law. It’s really just a checking account. They told me there is no difference between a regular account and a trust account. But then they decided to start charging fees on all their accounts. They would not make an exception …
Hidden Fees
It was time to move my old 401K into a rollover IRA. I had limited choices and control over my 401k contributions. Why my employer chose ADP, I have no idea. I opened a Fidelity rollover IRA account into which I intended to transfer my 401K. I chose Fidelity because my current employer uses them …