Thursday, June 7

Avoid Credit Card Late Fees?

Cancel Your Credit Cards Quick!

Have you ever thought your bank manager was terminally stupid or evil or both? I certainly have experienced both from stupid bankers. This may explain why the economy and the Eurozone is in such a mess.

Well, if you don't want trouble in the afterlife make sure you cancel your credit cards on your deathbed just before you 'move along', 'pass over' 'kick the bucket' or otherwise snuff it.

Here's what happened to one dead lady's family in Newcastle, England (a large city in the north-east of England pop. approx. 500,000) as reported in the Newcastle Evening Chronicle.

The bank in question is Santander, one of the largest banks in the UK, formerly known as Abbey and formerly also known for charging 10% of the amount for cashing a cheque (personal experience) i.e. 40 euros to cash a 400 euro cheque! Nice work if you can get it, somebody's got to pay their bonuses after all.
Be sure and cancel your credit cards before you die! This is so priceless. And so easy to see happening - customer service, being what it is today!

A lady died this past September, and Santander bank billed her in October and November for their annual service charges on her credit card, and then in December added late fees and interest on the monthly charge.

The balance that had been £0.00, now is somewhere around £60.00.

A family member placed a call to the Santander Bank:

Family Member: 'I am calling to tell you that my grandma died in September.'

Santander 'But the account was never closed and so the late fees and charges still apply.'

Family Member: 'Maybe, you should turn it over to your collections section.'

Santander ‘Since it is two months over due, it already has been.'

Family Member: ‘So, what will they do when they find out she is dead?'

Santander: 'Either report her account to the Frauds Department or report her
to The Credit bureau, maybe both!'

Family Member: 'Do you think God will be mad at her?'

Santander: 'Excuse me?'

Family Member: 'Did you just get what I was telling you . . The part about her being dead?'

Santander 'Sir, you'll have to speak to my supervisor.'

Supervisor gets on the phone:

Family Member: 'I'm calling to tell you, she died in September.'

Santander: 'But the account was never closed and the late fees and charges still apply.'

Family Member: 'You mean you want to collect from her estate?'

Santander: (Stammer) 'Are you her solicitor?'

Family Member: 'No, I'm her son'

Santander: 'Could you fax us a death certificate?'

Family Member: 'Sure.'

( fax number is given )

After they get the fax:

Santander: 'Our system just isn't set up for death. I don't know what more I can do to help.'

Family Member: 'Well, if you figure it
out, great! If not, you could just keep billing her. I don't think she will care.'

Santander: 'Well, the late fees and charges will still apply.'

Family Member: ‘Would you like her new billing address?'

Santander: 'That would help.'

Family Member: ' Plot 1049.' Heaton Cemetery, Heaton Road , Newcastle upon Tyne

Santander: 'But, that's a cemetery!'

Family Member: 'Well, what the **** do you do with dead people on your planet?'

Santander were not available for comment when a reporter from the Newcastle Evening Chronicle rang them.
Further reading on useful long-term investments :- Buy and Hold Investments

In case you want to know - Santander have a freephone number - 0800 7317774