Forum Post: credit union hit me with $286 insufficient funds fee. http://occupationamerica.org/Banking_fee_Reform.php
Posted 12 years ago on Nov. 7, 2011, 1:59 p.m. EST by OccAmerica
(13)
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U.S. banks will collected a record $38.5 billion in overdraft fees in 2009, in 2010 about $35.4 billion same as they did in 2008. People this is Your money they STEAL by unscrupulous practices. Legalized theft, that’s over 100 billion dollars they stole in last 3 years on top of all the otherways they make money. That money came from you and could have been put back into the economic, back into the community, back into your hands, back into your kid’s mouths!
OVERDRAFT FEES ARE NOT A INDUSTRY
When is it enough before you stand up? 50billion a year? 100billion a year? When they can foreclose on your house for late fees? WHEN?
read more at http://occupationamerica.org
here's the thing, it cost the bank nothing to refuse a charge over a computer, so i have to pay $30? If i have no money, why would you charge me more money? kick me while im down? awesome, it make no sense. and they do this to millions of people to make 38 billion a year? after robbing america blind, i don't care what the BANKS want. Its wrong. yea banks need an extra 38 billion, not the economy no not at all.
I have always had good response to talking to the bank about acidental overdrafts. The one exception was when my spouse got a bank of america credit card. They claimed we were late three months in a row, when the bill was paid the day we received it! They would not correct their error, so we closed the account, cut up the card, will never do business with them again, and tell anyone who will listen about their practices...
You know in this day and age of instant information, you can keep a closer eye on your account balance.
It's always someone elses fault.
Perhaps you should learn simply math and track how much money you have in your account. Just a thought. Then again, I guess it is easier to blame the bank for your own stupidity.
Keep track of the funds in your account.
Hmm... Maybe next time do not write checks for more than you have in your account. Just sayin