Everybody seems to hate overdraft fees. Over the last few months, we have seen thousands of consumer complaints about this “service,” in which banks offer you the ability to withdraw more money than is available in your account, for a fee.
Everybody seems to hate overdraft fees. Over the last few months, we have seen thousands of consumer complaints about this “service,” in which banks offer you the ability to withdraw more money than is available in your account, for a fee.
Finally, a little breathing room for consumers who are reaching the bottom of their checking accounts.
As the recession plummets upon us, we would hope that the government and financial services, such as banks, would do all that they can to help ease the clamor and chaos. Depending on your bank and credit score, you just may be one of the few rescued from overdraft fees, or someone continually traumatized by them.