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Bank rips off people who don't read contracts. Business as usual. Man rips off a bank that signs contracts without reading them. Fraud. ---- And it's not abo
by literallycancer 10y ago
Bank rips off people who don't read contracts. Business as usual.
Man rips off a bank that signs contracts without reading them. Fraud.
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And it's not about poor customer service. I went to a bank to create an account. They offered me some savings scheme. It rounds up purchases and puts the difference into a "savings jar". If you want to use the money, it takes like 3 days to change them to regular balance. Now, why would anyone use that? It limits their options, and doesn't offer anything in return. The bank most likely gives the clerks a premium on every person they sign up for this thing, but still, the clerk wasn't able to explain the benefits (because there weren't any). The best thing she could say about it was literally "you can opt out through the internet banking app".
This is a trivial matter, but nonetheless, illustrates their attitude well. They convince people who don't know any better to agree to contracts that aren't beneficial for them.
How's that better than fraud?