JP Morgan Chase - overdraft limits and fees
in Banking, Insurance & Loans ·
Regarding this whole mess with my overdraft... I actually have a question of my own. Basically, JP Morgan Chase just yanked my $1667 credit limit out of thin air. Here’s the kicker: I have a steady direct deposit hitting my account every month, and I haven't even touched my authorized limit, let alone gone into the red. Now they’re claiming it was some "glitch in the system," but then they have the audacity to tell me I have to settle up this unauthorized deficit—which, by their own logic, just magically transformed from an authorized amount into an unauthorized one overnight. How exactly am I supposed to conjure that kind of cash out of thin air by tomorrow morning? It essentially means I’m either handing over my entire paycheck or I'm expected to somehow survive on nothing for the next month.
Does anyone have any actual, sensible advice for someone in this bind?
Does anyone have any actual, sensible advice for someone in this bind?