If you live in North Dakota and find yourself buried in overdraft fees, don’t go crying to the state’s Supreme Court. Judges ruled that a bank was within its rights to stick a hog farmer with $12,000 in overdraft charges.
The AP reports the court ruled in favor of a bank that charged a customer with 842 overdraft fees that added up to the total. The bank charges $100 a day for overdraft balances that surpass $10,000. The farmer sued the bank when it tried to foreclose on her property over a $76,000 debt.
ND Supreme Court upholds $12K bank overdraft fee [AP via Yahoo News]