Overdraft fees, last six months: over $1,000.
Actual overdrafts (i.e. at the end of the day, those that don’t depend on rearraging the order of processing, deposits vs. debits), last six months: 4 days (3 of them consecutive).
(Why in the fuck do we as a culture put up with this shit? It’s the fault of all those fucking white-collar people who shop all the time because they can afford it, and who think that their big incomes equal big dicks.)
We as a country are far enough behind the rest of the industrialized world that we don’t offer any kind of public Internet access as a matter of policy. We also don’t have a national banking system, so people who have to travel are forced to hold several accounts with private, money-grubbing banks, since some banks will have branches in some areas, and other banks will have branches in others, but not even the biggest, greediest banks have branches everywhere.
As a society, we can’t have national banks, public Internet access as a matter of policy, or consumer protection laws (we’ll get to that need presently), because then we’d be socialist (boo hiss fuckka fuckka helllllll) so instead people are forced to sign up for private Internet access at coffee shops using debit cards from big, ugly banks, and neither has to give the slightest fuck about the consumers, even the very nice ones.
So what’s my story?
1. Person has to travel, so the bank where he deposits his checks changes, and thus
2. the account where he holds all his disposable income changes.
3. So he has to change the debit card on his T-Mobile coffee shop Internet account.
4. But it turns out there is no way do to that online.
5. So he opens a new account online with a debit card from his current region, and
6. closes the old T-Mobile account.
7. He goes merrily on his way paying full price for and using the new T-Mobile account for months.
8. Then T-Mobile, out of the blue, decides to resurrect the cancelled first account from before,
9. that’s connected to a debit card and bank from another region,
10. that no longer holds any disposable income,
11. but that is now charged inexplicably for all the months since cancellation,
12. bringing the cancelled T-Mobile account current without any notification to the account holder.
13. The big bank, playing its part, decides to pay this wildly high subscription fee even though
14. the account has been empty and inactive for some time.
15. Overdraft! (Whopeee! Engines of capital, we worship thee! Cum! Cum! Cum!)
16. Person calls T-Mobile to @#$(*^@#&$.
17. They tell him ve politely that they can’t explain it, the Internet account was definitely cancelled
18. and they’ll issue a credit that will only take 15 days to arrive back in the bank.
19. Person calls bank to @#$(*@#^%&.
20. They tell him that there’s nothing they can do, the account is overdrawn,
21. no matter whose fault it is,
22. and the account holder will still be responsible for the fees,
23. and the account will remain overdrawn until the credit from T-Mobile arrives,
24. or a deposit is made,
25. and will accrue ongoing overdraft fees in the meantime,
26. meaning that by the time the credit from T-Mobile arrives,
27. it will be insufficient to cover the accumulation of overdraft fees,
28. and the account will remain overdrawn,
29. until the hapless account holder **[ME]** ponies up additional cash,
30. out of his own pocket,
31. and in addition to the mistaken subscription fees eaten up by overdraft fees,
32. for a closed account that he hadn’t used in months and never plans to use again.
Every day, everywhere, in every way, we in the poor and middle class are being taxed by the rich…
**…simply for existing.**
I am not a rich man. I am a very poor man. I am at the edge of financial ruin already. I am doing my best. And I am working.
Things like this make me want to be very, very violent.