Comments on: An Open Letter to Wells Fargo (previously Wachovia)

By: Your friendly neighborhood CRO

Your friendly neighborhood CRO — Wed, 30 Mar 2011 01:55:24 +0000

Obviously that’s not true, because you’re bemoaning the loss of your safety net. A truly low-risk customer would simply transfer $1000 or so into his or her checking account and carry on as before.

Obviously you also don’t understand the irrelevancy of your credit score in this matter.

By: gruen

gruen — Tue, 29 Mar 2011 00:58:23 +0000

My credit score and balance in my other accounts would beg to differ.

By: Your friendly neighborhood CRO

Your friendly neighborhood CRO — Tue, 29 Mar 2011 00:52:44 +0000

If you have overdraft protection enabled, you are *by definition* not a low-risk customer. Actual low-risk customers maintain sufficient account balances to obviate the need for overdraft protection.

By: Rae

Rae — Fri, 08 Oct 2010 20:31:56 +0000

It’s a day for Michaels to have issues with Wachovia/Wells Fargo. This and http://consumerist.com/2010/10/check-fraud-leads-to-kafkaesque-nightmare-for-wachovia-customer.html both popped up in my reader, one after the other.

I like ING Direct, although the lack of any actual bank means I keep another account at a local CU as well for times I need to interact in person.