Consumers have been raked over the coals by overdraft rates and the reordering of debits to increase fees. Show Date: April 9, 2009. The Federal Reserve's website has been hit with repeated complaints about unexpected overdraft fees, exorbitant overdraft fee rates and the reordering of debits to increase fees. Consumers complain about the "reprioritizing" of their … [Read more...]
Removing Unfair Bank Overdraft Charges and Penalty Charges. What You Can Do.
When the bank purposely delays posting fees paid: He was twice charged a $35.00 over a $4.00 overdraft. Our prior post on bank overdraft charges generated many questions. I overdrew my acct by $4.00. The very next day I deposited 50.00 to cover the overdraft and no fees were posted to my acct yet. They waited until my acct had $3.21 left in it, then charged me a 10.00 overdraft fee, which … [Read more...]