Banks Luring You Into Signing Back Up For High Overdraft Fees

Banks Luring You Into Signing Back Up For High Overdraft Fees

Banks are mad they can’t just automatically charge you a $35 overdraft anymore if you happen to try to buy a candy bar without enough cash in your account. Newly enacted legislation says they have to get you to opt-in to such overdraft programs. So, what they’re doing is renaming the overdraft programs something else, making them sound awesome, and then blitzing your mailbox and inbox with up-sells. Some banks are even calling people up! [More]