It seems they reached a tenative agreement on the $700B bailout, that's nice.... But I'M still stuck.
A guy ordered 2 kits of me. I had one of them in stock. The other was backordered waiting on flywheels from the foundry (which would rather cast 300# manhole covers to replace the ones stolen by scrappies than 6# flywheels)...Fast forward to last week, the kit is ready to ship...except the customer got antsy and charged the ENTIRE $500 amount (including the value of the merchandise already received) back against his card... So Merchant Services yanks it out of MY account (and doesn't tell me WHY for almost 10 days)... So now I'm in overdraft, fees added to fees. Call merchant services they won't release the $500 back to me until the "customer" clears it, which he won't until I ship the product I no longer have the money to ship (catch 22)... ALSO they aren't responsible for the overdraft fees, they are MY problem.
Next call is to the bank, explain what's going on. Tell them I really don't agree with their $100 in fees (and mounting) over something I had no control over. Their response was they won't waive the fees because it "wasn't a bank error".... Their only "solution" for "next time" is to apply for a line of credit (which I don't qualify for because I'm in overdraft, and also because I'm self-employed) or open an bounce preventative savings account (with a MINIMUM $1,000.00 deposit) -- If I HAD a spare grand I wouldn't be IN this mess, now would I?
Next step, going out of business sale? Or bankruptcy plus sue the whole #$%& lot for sending me there?
Bottom line, screw a lot of people by doing shady things and the government not only bails you out, but will most likely pay at least part of your "golden parachute"...Do nothing wrong, get bit in the a$$ by uncaring people with their stupid inflexible "rules" that are stacked against you, and you can go to he## as far as anybody is concerned...
A guy ordered 2 kits of me. I had one of them in stock. The other was backordered waiting on flywheels from the foundry (which would rather cast 300# manhole covers to replace the ones stolen by scrappies than 6# flywheels)...Fast forward to last week, the kit is ready to ship...except the customer got antsy and charged the ENTIRE $500 amount (including the value of the merchandise already received) back against his card... So Merchant Services yanks it out of MY account (and doesn't tell me WHY for almost 10 days)... So now I'm in overdraft, fees added to fees. Call merchant services they won't release the $500 back to me until the "customer" clears it, which he won't until I ship the product I no longer have the money to ship (catch 22)... ALSO they aren't responsible for the overdraft fees, they are MY problem.
Next call is to the bank, explain what's going on. Tell them I really don't agree with their $100 in fees (and mounting) over something I had no control over. Their response was they won't waive the fees because it "wasn't a bank error".... Their only "solution" for "next time" is to apply for a line of credit (which I don't qualify for because I'm in overdraft, and also because I'm self-employed) or open an bounce preventative savings account (with a MINIMUM $1,000.00 deposit) -- If I HAD a spare grand I wouldn't be IN this mess, now would I?
Next step, going out of business sale? Or bankruptcy plus sue the whole #$%& lot for sending me there?
Bottom line, screw a lot of people by doing shady things and the government not only bails you out, but will most likely pay at least part of your "golden parachute"...Do nothing wrong, get bit in the a$$ by uncaring people with their stupid inflexible "rules" that are stacked against you, and you can go to he## as far as anybody is concerned...