Predatory Banking Practices Undermining the U.S. Consumer [View article]
Obviously the writer has a valid point, the over draft should be applied to actual case of overdraft and not be sorted or forged to produce extra undue income. I would say the case for mortgage insurance is along the same lines but only worse. From what I understand these insurances are termed in a manner which makes them extremely unlikely to be cash-able in any event in most states so they are not really a form of insurance but rather a source of income for the banks around the world.
Predatory Banking Practices Undermining the U.S. Consumer [View article]