Man beats bank on their own game

mikho

Not to be taken seriously, ever!
The idea of beating the banks at their own game may seem like a rich joke, but Dmitry Agarkov, a 42-year-old Russian man, may have managed it.


Unhappy with the terms of an unsolicited credit card offer he received from online bank Tinkoff Credit Systems, Agarkov scanned the document, wrote in his own terms and sent it through. The bank approved the contract without reading the amended fine print, unwittingly agreeing to a 0 percent interest rate, unlimited credit and no fees, as well as a stipulation that the bank pay steep fines for changing or canceling the contract.


Agarkov used the card for two years, but the bank ultimately canceled it and sued Agarkov for $1,363. The bank said he owed them charges, interest and late-payment fees. A court ruled that, because of the no-fee, no-interest stipulation Agarkov had written in, he owed only his unpaid $575 balance. Now Agarkov is suing the bank for $727,000 for not honoring the contract's terms, and the bank is hollering fraud. "They signed the documents without looking. They said what usually their borrowers say in court: 'We have not read it,'” Agarkov's lawyer said. The shoe's on the other foot now, eh?


Source : http://rt.com/business/man-outsmarts-banks-wins-court-221/
 

ComputerTrophy

New Member
Perhaps next time you receive unsolicited "complete this form and return this to FREEPOST" letter from a company such as Verizon, take out the letter inside, download a template cease and desist form, fill it in digitally, and print it out. (I.e., Verizon sends you a letter; you print out a C&D letter from "Comcast"). Mail it out using their FREEPOST return address.

By the time Verizon have received a so-called Cease and Desist from Comcast, they would've escalated up high in the legal department, before realising Comcast didn't actually send them a C&D.

So in return for sending your house unsolicited advertisments, you give the whole company a headache. :p
 

jarland

The ocean is digital
We all know how much they try to hook you with those credit card so I don't feel bad at all. That guy is awesome.
 

MannDude

Just a dude
vpsBoard Founder
Moderator
Alternatively, you can just use the postage paid envelope, and tape it to a box that has a cinderblock in it. They'll mail it at no cost to you back to the credit card company, where someone will physically have to open the box, and figure out what to do with the brick.
 

drmike

100% Tier-1 Gogent
Alternatively, you can just use the postage paid envelope, and tape it to a box that has a cinderblock in it. They'll mail it at no cost to you back to the credit card company, where someone will physically have to open the box, and figure out what to do with the brick.
That's funny.   Do they actually include post paid anyting that actually could be affixed to a box?  I don't mess with the postal service since it exposes you to federal laws and punitive actions for misdeeds.
 

MannDude

Just a dude
vpsBoard Founder
Moderator
That's funny.   Do they actually include post paid anyting that actually could be affixed to a box?  I don't mess with the postal service since it exposes you to federal laws and punitive actions for misdeeds.
Well, I've heard of people doing this. If you search the web you'll find blog posts and whatnot of people sending old broken blenders to these snail-mail spammers with their 'postage paid' envelopes. They just take the envelope to the box.

I mean, you can mail a potato like shown in the photo below. The post office doesn't care, they just send whatever out.

1zhAKM3.jpg

Maybe I'll just wrap the next credit card offer return letter around a potato and send them lunch instead.
 

AnthonySmith

New Member
Verified Provider
This made me feel so good, I would actually donate to pay some of the guys bill myself.

I am so looking forward to my next "you have been pre approved" letter. :)
 

MannDude

Just a dude
vpsBoard Founder
Moderator
This made me feel so good, I would actually donate to pay some of the guys bill myself.

I am so looking forward to my next "you have been pre approved" letter. :)
I was declined by Chase / Amazon, I wanted the Amazon card as I need to build my credit as I have zero credit. Boo. Maybe I'll make my own terms too.
 
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