Banks To "Earn" $38.5 Billion From Overdrafts This Year

Banks To "Earn" $38.5 Billion From Overdrafts This Year

Consumers aren’t the only ones looking to save money and gain a little extra cash on the side. Banks are people too, you know! In the face of toxic assets and credit card delinquencies, they’ve come up with a plan to increase their revenue: New fees! Higher fees! Higher minimum balance requirements! Trickier overdrafts!

Financial Tips From CBS/The Nation: "Get a Loan From the Mafia."

Financial Tips From CBS/The Nation: "Get a Loan From the Mafia."

“[I]f you need money to pay your medical bills or get your car fixed, get a loan from the Mafia. You’ll get a lower interest rate and better terms.”