Wednesday, October 06, 2010

How to Stop Rogue Automatic Payments A

look at consumers' rights when a company won't stop
billing your credit card or siphoning money from your debit card or checking accounts.
(Don't miss Readers' Comments)
http://bucks.blogs.nytimes.com/2010/10/04/how-to-stop-rogue-automatic-payments/

My view
A company that makes unjustified deduction should be considered as cheating and should be prosecuted. This will stop the bad practice. If it is a mistake, they can apologize and remedy the situation. But, we need to have the authority taking the responsibility to attend to this matter. They cannot reduce their manpower and gave the excuse that they are saving cost. It is the duty of the authority to stop cheating.

2 comments:

  1. It's not cheating, it's stealing.

    ReplyDelete
  2. It is futile to get the authorities to jaga people's bank accounts, or whether the bank is cheating or stealing from their clients.
    They would say you have to take care yourselves, they have better things to do, like how to attract more hedge funds operations into Singapore, rogue or not is also not their concern.

    ReplyDelete