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Checking Accounts: High Fees, 69 Page Disclosures

By: capt_nemo in ROUND | Recommend this post (0)
Sat, 09 Jun 12 9:28 AM | 45 view(s)
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Msg. 41862 of 45646
Jump:

http://money.cnn.com/2012/06/08/pf/checking-accounts/index.htm?iid=HP_LN

The banks are able to reorder an account holder's transactions, and withdraw the transactions for the highest amounts first and the smallest last or post withdrawals before deposits instead of processing them chronologically. This can lead the account into overdraft more quickly and cause the transactions that follow to spark multiple overdraft fees.

POS IT'S ALL A SCAM WEEEEEEEEEEEEEEEEEEEEEEEEE

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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