Financial Information
Posts tagged recourse
I ordered something online and the merchant has vanished with my money, what recourse do I have?
3Question : I ordered something online and the merchant has vanished with my money, what recourse do I have?
I used an credit card to pre-order some items online, according to his website, the items recently came in to the merchant but I have yet to recieve my order. I have had good service with this merchant in the past with similar orders. The merchant does not respond to e-mails and the phone number goes to a full voice-mail box. This has only been 10 days. If I am unable to conntact the merchant what should my next step be? How would I file criminal charges againt him and who with?
online merchant services
Best answer:
Answer by 20x carbon footprint
Call your credit card company and cancel it.
What recourse do I have after being poorly rated for life insurance coverage (e.g. high rates)?
2Question : What recourse do I have after being poorly rated for life insurance coverage (e.g. high rates)?
If I re-apply, is there a database that another insurance company can see that reveals the results of a prior application? Does the life insurance co. have access to any and all medical records, or only those held by the doctor you indicate on your application?
life insurance rates
Best answer:
Answer by acermill
You’re trying to beat the system. If you do not disclose fully what types of conditions you currently have, a life insurer can deny a payout upon death, if information reveals that you did not properly disclose your current conditions. Yes, it happens.
If a senior is coerced into putting their IRA CD into an agressive mutual fund, is there any recourse?
1Question : If a senior is coerced into putting their IRA CD into an agressive mutual fund, is there any recourse?
My 69 yr old mother went into a bank inquiring about a higher interest rate CD for her IRA and walked out (unknowingly) with an aggressive mutual fund instead. Her english is not the greatest but she expressed interest only in a CD. When I called the bank and spoke to the gentlemen who helped my mother, he said she asked for an “aggressive investment” (2 words that are not in her vocabulary and I explained that to him and he subsequently changed the subject). I explained that this was her life savings (she also told him this as well) and now it was not FDIC insured. He said that it was in fact still insured by SIPC (but found out later that doesn’t cover loss in value) so quite different than FDIC. After she complained to him, he put her mutual fund in a very conservative fund (earning less than her original CD) and charged her fees for doing so.
They said they can’t put back her CD without charging larger fees. Who can we complain to? She just wants her FDIC insured CD back.
ira cd rates
Best answer:
Answer by BoscoB
The first person to see is the bank manager. That should take care of it because the manager has the ability to remove all fees.
Should that not work take it up with your state Department of Consumer Affairs.
Don’t quit, you’ve got them nailed.
What recourse do I have if an online merchant overcharges sales tax?
2Question : What recourse do I have if an online merchant overcharges sales tax?
The merchant insists on charging full City+State tax rate for my online purchase, but I happen to live outside of city limits, and so should only pay the state rate and no city tax.
It’s an ongoing problem that continues despite several people having drawn it to the merchant’s attention on various occasions.
I will try to get a refund (after the fact) by calling and writing to the merchant. But clearly they won’t fix the underlying problem, so I think it should be brought to the attention of the appropriate regulatory authorities. Whom should I contact?
Responding to some comments: It’s not chump change — it’s about $ 120. And yes, as one responder guessed, I live in Colorado in a zip code that straddles the Boulder city limits.
online merchant
Best answer:
Answer by Wayne Z
As long as the merchant is remitting the overcharge to the city appropriately, the city won’t care. Now, if they were undercharging, they would care.
If it is a large purchase, you can try sending proof to the city’s finance department to see if they will refund it.
