Are you sick of be charged thous outrages overdraft fee charges by the banks?

Question

I think this is agaist the law .It might fall under the usery act.
It only hurts the little people who can't aford to fight back .I would like to form agroup to fight this abouce. Are you intrested in helping?

Answer 1

Its perfectly legal, and when you opened your account, you signed a contract that you are in agreement with the banks terms and conditions.
If you are normally a good bank customer and you get an occassional overdraft, you can usually just call or go in to a branch and ask them to reverse the overdraft fee. Depending on the persons mood, they might do it for you.
If you arent, stop writing bad checks! That IS illegal, and, depending on your state laws, can land you in jail!

Answer 2

Yes, we can call it "the group of people that don't read their terms and conditions, and don't understand that an overdraft is spending money that they don't have" group. Why is it that people complain about these fees? Bottom line, if you don't want an overdraft fee assessed, don't write checks for more than what's in your account! Why should the bank front that money for you, with nothing to benefit them?

Answer 3

first of all...if you don't overdraw your account then you will not be charged fees. Banks survive on fees...that is how they operate. Just don;t spend money you do not have and you will be fine. Banks never get a fee out of me because I always know the balance in my account. I also do not allow debits to be drawn from my account.

Answer 4

Here is the solution to your problem, dont write bad checks. It is not against the law. Maybe you need to close your checking account, and live on cash alone. That way you wont have to pay the mean old banks.