overdraft fee-for-all

(Todd Kravos)

Here’s Where Your Money Is Going: Consumers Paid $32 Billion In Overdraft Fees Last Year

Making the case for new overdraft legislation is a pretty big bit of evidence that shows just how hard those fees hit our wallets: Last year consumers paid a whopping $32 billion in overdraft fees, a $400 million jump from 2011. This, despite regulations that seek to protect consumers from such hefty charges. [More]