Why Is TD Bank Overcharging In Property Taxes & Then Not Telling You Until Yrs Later
Should the bank that holds your mortgage be telling you that you overpaid in property taxes because they were charging the wrong amount in your monthly mortgage payment. When I renewed back in 2010, this surplus added up to $5000, which I was totally unaware of. If I knew, I would have invested it or something.
But as I mentioned in my other post, what really p*sses me off me is that TD knew I was unemployed in 2009 and I was using a line of credit to pay for food and utilities. That $5000 could have saved me a fortune in interest TD was charging me.
Two weeks ago, I was making arrangements to close my business account with the bank and I was informed that the past 2 years, I've accumuliated another $1500 because TD was still overcharging me in property taxes and never bothered to correct it.
So is this normal for the bank not to tell you about these overpayments and why they're constantly making these payment calculation errors in the first place?
But as I mentioned in my other post, what really p*sses me off me is that TD knew I was unemployed in 2009 and I was using a line of credit to pay for food and utilities. That $5000 could have saved me a fortune in interest TD was charging me.
Two weeks ago, I was making arrangements to close my business account with the bank and I was informed that the past 2 years, I've accumuliated another $1500 because TD was still overcharging me in property taxes and never bothered to correct it.
So is this normal for the bank not to tell you about these overpayments and why they're constantly making these payment calculation errors in the first place?