Friday, February 6, 2009

Frustration Friday revisited

Well, in the interest of fairness, the primary culprit of our financial issue is not our renters. While they do bear responsibility for their finances, because they aren't members of Congress or Presidential appointees, the fault lies also with their bank.

I should have realized this when I saw they bank with Regions. Apparently, the problem truly hit when they deposited their tax refund check with Regions (perhaps a RapidTax Refund Anticipation loan or something like that. Which are not really good things if you can help it. Get your refund filed electronically, and direct deposited. we're talking a 10 day turnaround, and a lot less cost.). Anyway, Regions put a hold on the check. Basically, Regions wasn't sure if the check was good or legit or something, and so they had money in their account.

But the bank wouldn't let them spend it. So, bouncing back comes their rent check.

Now, every bank has their own policies. But this is ridiculous.

No comments:

Post a Comment

To deal with SPAM comments, all comments are moderated. I'm typically willing to post contrary views...but I also only check the list once a day, so if you posted within the last 24 hours, I may not be to it yet.

Peace in a time of Pandemic

This is not one of those hyper-spiritual posts, where I claim that because of Jesus I have peace even in the midst of the COVID pandemic. Tr...