[SpiritWarrior]

Originally Posted by Bungleau IMHO, it is an objectionable business practice. I understand it, but it's a great way to piss off your customers. WRT WF, in 2008 they were a $41.9 billion company with profits of $2.7 billion. As TL says, this is a drop (albeit a big one) in the bucket. The ripples are what I think will be interesting. If WF did this to me several years ago and caused me to default on my nearly-paid car loan, and that car was repossessed, would I have cause to go back to WF to seek compensation, since what they did was "unfair and deceptive"? How about that house that was foreclosed on? The appliances that were repossessed? The apartment I couldn't get into because I couldn't afford the deposit, since WF absconded with so much of my money? And of course, extend that to other financial institutions. They've *got* to be examining this for how it will impact them. We haven't heard the last of this, I'm thinking.

Yeah it sure does piss you off. I think it hurt their rep. in the way slamming people with illegal charges hurt SBC's rep. Shortly after, they merged with AT&T and dumped the SBC title so people would think this is a new company.