My banks credit analyst wrote me the follwing email. Mr. Francis,
my name is XXXXX XXXXX I work for Credit Administration at Montecito Bank & Trust. I have talked to you before in regards XXXXX XXXXX Visa account with us. Currently, you have 4 past due accounts with us: checking account, ready cash reserve (RCR), Visa account and a car loan
. I understand you have financial difficulties and I wanted to propose that we take care of your overdrawn deposit account and RCR in the following way: We can make a fresh start interest free loan for the negative balance of your checking account (currently $300). You can repay that over 6 months, approximately $50 a month. During this period you must not overdraw your checking account.
Your RCR balance is currently $3,660. If you start making $200 payments a month, it will be repaid in approximately 2 years.
You should continue to pay on your car loan as agreed and try to bring your Visa current.
Best Regards, XXXXX
Montecito Bank & Trust
I accepted the offer immediately.
Several days later I received an email at 3:45 pm from the same person saying I had till noon the next day to make a payment on my checking account or it would be closed. I had my daughter do this for me as I was out of town and it's a local bank. The analyst caw the credit and replied thank you to me in an email at noon. Then at 1:03 she sent me an email say more money needed to be put in or my checking and credit line would be closed. I did this, am in the black, and it's getting worse as now she is referring to the other accounts asking if they were paid.
They are totally unwilling to abide by the offer made and I feel like this is harrassment. Is there anything I can do? I wish I could pay you more.