- Platinum Member
- Posts: 88
- Joined: Thu Aug 02, 2012 1:18 am
- Location: Nebraska
A few weeks ago I applied for a secured account with Merrick Bank, I sent a $300 security deposit via Money Gram, as my bank does not allow for sending payments from my checking account I had to draw out cash and send it that way. Later I receive a letter explaining that they are unable to extend credit to me as they are unable to verify my address and also my phone number I gave them does not match my address.
Long story short, they want a copy of my driver's license but I just moved here so the address on my license isn't correct, also what I have is a weird address so looking at it, it just doesn't look correct but it is. In fact I tried to place an order for some stuff I needed and the company had problems sending it because their system wouldn't let them print my address on the label.
Now Merrick Bank says there is nothing further they can do since I don't have the correct address on my driver's license and my only phone is prepaid so there is no bill. I'm only here for maybe 3 to 6 months and don't want to keep changing information, so they said their only choice was to cancel my application and my $300 deposit would be refunded in 3 to 4 weeks.
Now this has me wondering, how do I get my money back from them? Since they were unable to verify my address and send a credit card there how would they be able to send a check there? Just please don't send advise on anything other than how to get my money back, I already decided a long time ago I no longer wanted the card due to so many people telling me it was a bad idea. Just FYI they never said how the money would be refunded just that I would be getting my $300 back.
I now have a secured Visa card with US Bank and want to use the $300 to increase my credit limit with them. I also have a secured card with Capital One so should be set fairly well for the next 6 months or so.