Sovereign bank ROCKS!!

Date: Thu, 04/10/2008 - 13:06

Submitted by mherlocher
on Thu, 04/10/2008 - 13:06

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Total Replies: 3

If anyone is in the negative because of multiple pdl ach debits sovereign has been a godsend to me. Even though I am $-318 and can't pay until the 18th (payday) they froze my account AND even opened up a new one with a penny deposit so I can have my paycheck deposited into that one. Ever heard of a bank being that cooperative befor especially in impersonal Philadelphia!!!! Just a little advice for anyone who may have sovereign. Now I know it was my branch managers decision, but if u have sovereign and are in the negative, that may be a way to go until you can bring it into the positive and close your account!

i got your message , but for some reason your home page is not w

i got your message , but for some reason your home page is not working. I sent you a pm

lrhall41

Submitted by kashzan on Thu, 04/10/2008 - 13:20

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Thanks for the info. I hope more people go there!

lrhall41

Submitted by Frogpatch on Thu, 04/10/2008 - 13:26

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Sovereign Bank

Actually, they do not "rock" at all. Quite the opposite. I was out of work for three months. Called them as soon as I was laid off to try to work out a forebearance, but they refused. I sent them a check for 2,000 of a 2,100 mortgage payment and they sent it back with a 10% late fee added, so my new payment was 2,300...along the the next months payment. Again they refused to work out a forebearance, and my next bill was 4,400...gave them 4,100, they sent the check back and put on 10% of that as a late fee...new bill after three months was 6,900...then they just decided to foreclose. How did I get into this? I went to them for a mortgage, and they referred me (with fine credit!) to a place that was closed by the SEC for fraud 5 days after settlement (during which time they sold SOV the mortgage). No Sovereign bank does not rock, with 20 billion in credit liquidity (along with a chunk of the 700 billion I'm sure) they refuse to offer a small family a chance.
I'm working now, making more money than ever, and am paying over 15,000 in LATE FEES over the course of one year. I don't have time to write you the whole story, but trust me, they are not people, they are a money hoarding machine, and they do not "rock".

lrhall41

Submitted by on Mon, 10/06/2008 - 07:02

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