Remember I told you to closely review all your bills carefully when they arrive, well, here’s another example of why it’s critical you check and verify ALL transactions processed by your bank.

You quickly open your statement, and at a glance everything seems correct, as you dig deeper, you realize you’ve been ripped off by an incorrect transaction. How convenient it is for a bank to make an error. Now your challenge starts, first try to get someone on the phone who can recognize and acknowledge the error, and then get them to correct it. Good luck, their usually so flustered that they have made an error, that they make you feel like a criminal.

A simple adjustment, like transferring a credit and debit can magically go so wrong. The bank isn’t concerned that they have committed an error and you will pay interest on that adjustment, think they care, not with the millions of dollars they pile up daily. And to think that this was all initiated by you the consumer, their customer, who called to advise them of a payment that was not yours, how honest of you.

Don’t let this happen to you, don’t assume, check your statements ALWAYS.