dealfinder500

Now that Bank of America (BAC) will assess overdraft fees 10 times a day instead of five, Felix Salmon takes on the scandal of the charges, which are raking in $30B for the banks: The median amount triggering overdrafts is $36, meaning implicit "loan" interest in the thousands of percent, resulting in an unconscionable "tax on poverty."

The bank doesn't charge $3. The owner of the ATM does. Everytime you use an ATM it clearly lets you know what fees you will be charged.


On Jul 02 09:50 PM herbert hoover wrote:

> Right, becasue it's so fair to charge $3 to check your acccount balance.