When you close a bank account, make sure you print out all of your statements first. They’ll keep your records, but have no obligation to give you those records when you stop holding an account there.
When I had to dispute a debt with a collector, I tried going to the bank and they wanted $8 per monthly statement. I knew I had made the payment but wasn’t sure when because it was years prior, and could easily have spent more on those statements than the debt was for. Luckily the debt originator found proof of payment before it went any further, but lesson learned.
When you close a bank account, make sure you print out all of your statements first. They’ll keep your records, but have no obligation to give you those records when you stop holding an account there.
When I had to dispute a debt with a collector, I tried going to the bank and they wanted $8 per monthly statement. I knew I had made the payment but wasn’t sure when because it was years prior, and could easily have spent more on those statements than the debt was for. Luckily the debt originator found proof of payment before it went any further, but lesson learned.
That’s a good tip - I’m thinking of changing account provider and I would never have thought of this. Thanks for the heads up!
No gdpr?