Hello. I recently got a letter from Lattitude Financial Services (formerly GE Money). They advise me that they are clearing up their accounts and my account had a small credit of $4.95 credit in it. They then go onto say that they have now debited the amount and my account now has a balance of 0.
$4.95 is the monthly charge when your account has a balance on it so at some point I must have overpaid.
Can they do that?.Yes it is a very small amount but if they have 50,000 of these accounts with a small credit that adds up to over $247500 in extra money they get