Tag Archives: overdraft charges

Banks Target MVBs, Most Vulnerable Bankers, to Keep Overdraft “Protection” Before Regulation E Comes Into Effect

Overdraft “protection” as we know it in America will make a positive change August 15, 2010. Considering to protect something means to cover or shield from exposure, injury, damage, or destruction, overdraft “protection” is anything but that. I view it as one of those “convince” fees. Let’s just call it what it is: a service [...]

Is There Any Way to Get My Overdraft Fees Reversed? – Sheri

“Dear Steve, I have been charged so many overdraft fees by my bank, now I cannot pay my bills there are 1300.00 worth of fees. Is there a way to get these reversed Sheri” The Answer:   Dear Sheri, If the fees built up because your account was actually overdrawn, then your options are limited. [...]

The Good Side of Check Cashing and Payday Loans

I’ve got to be honest with you. While the righteous scream out about check cashing and payday loan stores, I’m not sure I understand all the fuss. Sure I get the fact about fees and I will admit that I’ve seem some sleazy payday loan stores and outfits. But you know what, I’ve seen my [...]

Debit Card Concerns. Profits Hide Truth About Your Risks.

For years banks have lied and hidden the reality of debit cards from you. What I’m about to tell you is going to sound counter-intuitive from everything you’ve been taught and believe. Here it is. Don’t use a debit card. It’s not smart financial management. By now you’re probably thinking that I’ve lost my mind [...]