fee avalanche

Fees Turn Teenager's $4.85 Savings Account Into A $229.10 Debt

Fees Turn Teenager's $4.85 Savings Account Into A $229.10 Debt

A lesson on fiscal responsibility for one teen turned into a tale of caution, after a maintenance fee over-drafted his account, triggering a deluge of other fees and ultimately putting him over $200 in the hole. [More]