An amazing letter that a 98-year old woman wrote to her bank to protest a bounced check is making the rounds. She complains about a check getting bounced from her account because it occurred “three nanoseconds” before her pension got direct-deposited. She then says that going forward the bank will have to appoint a special rep to open her mortgage and loan payments, he has to use a 28-digit PIN to talk to her, and will have to go through a lengthy phone tree. It’s quite clever, but it’s not real. Not exactly.
The next time you stay at a bed and breakfast and you see a kindly old couple lingering in the common room after breakfast, be suspicious! The Wolffs have been scamming inns, hotels, rented homes, and bed & breakfasts since 2005, reports the Boston Globe. They offer to pay via check, and until recently–when they stayed in one place so long that they were still around when the check bounced–nobody ever thought they might be pulling a fast one. They’re due in court this month for defrauding several inns over the past summer.
“When I see you, I’m gonna f*** you up,” says debt collector “Mickey,” pictured at left, on the answering machine of a guy who bounced a check. WTSP obtained the messages, some of the worst debt collector recordings I’ve ever heard, and you can listen to them here.
Apparently the answer to that question is “yes.” CNN is reporting that several states have outsourced bounced check collections to a company that will track you down — even for minor accidental bounced checks — and make you take their personal finance class. By the way, the class costs $160.
If you have a Circuit City refund check not deposited before 11/10, it’s going to bounce.
USATODAY research indicates banks typically process checks in order of highest balance, maximizing overdraft fees charged to the customer, critics contend.