Fed Bans Debit Overdraft Fees
The Federal Reserve is prohibiting banks from collecting overdraft fees on purchases paid with a debit card unless customers opt in to programs that guarantee their balance-exceeding transactions go through. What do you think?
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Well, okay. So long as I still get penalized for using my credit cards."
Marc Mercer
Tour Bus Driver -
I usually send them a few bucks when I go over, anyway, just for their trouble."
Kelly Jolicouer
Commercial Construction Estimator -
I guess banks will just have to make money the old-fashioned way: selling bad mortgages and causing a global financial collapse."
Ray Mason
Unemployed
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