Overdraft Fee Monster Eats Social Security Income, Too

Overdraft fees are out of control. In Miller v. Bank of America, we see that the consumer can win against banks, but only briefly. Congress must intervene.
This should be considered a deadly weapon, in light of banks' runaway abuse of overdraft fee policies. (Photo: flickr.com)

Study of Overdraft Fees and Protection Cries Out for Reform

Reform of bank and credit union overdraft protection practices is on the mind of Congress today. Payday loans would've made the trip unnecessary. Read why here.
Have you had it up to here with your bank's overdraft protection schemes? You aren't alone, according to the Center for Responsible Lending. (Photo: flickr.com)