Overdraft fees ate up her check
I don’t condone...but I understand
- Thread starter YoungSinister
- Start date
Overdraft fees ate up her check
Yall already know I think every butch needs to be rounded up and forcefully pushed into a 5000 gallon vat of acid.
I don't understand.... how she don't know that any future deposits made by her will be in the prison commissary... for like the next 3-5 years
.
.
Where was security?
Unfortunately, many people have no comprehension of banking and financial institutes.
I once dated a chick whose paycheck got hit like that. She went on a weekend vacay ith friends to a beach and was buying things like be bathing suits and food and drinks. Was using her debit card like it was a credit card. A week later she was on phone with me sounding stressed as hell. She was hundreds of dollars overdrafted and there was no way to stop her check from being deposited with direct deposit.
I'm not gonna sit here and lie and claim I've never been hit with overdrafts. Hey we've all been young and dumb. But I will say that I have not had all my money in one account for years now. And I've not had n'ann overdraft charge in years. I learned my lesson. In fact, i have alerts on my accounts that notify me when my funds reach below a certain amount. That way I can adjust my spending and/or move some money around.
I once dated a chick whose paycheck got hit like that. She went on a weekend vacay ith friends to a beach and was buying things like be bathing suits and food and drinks. Was using her debit card like it was a credit card. A week later she was on phone with me sounding stressed as hell. She was hundreds of dollars overdrafted and there was no way to stop her check from being deposited with direct deposit.
I'm not gonna sit here and lie and claim I've never been hit with overdrafts. Hey we've all been young and dumb. But I will say that I have not had all my money in one account for years now. And I've not had n'ann overdraft charge in years. I learned my lesson. In fact, i have alerts on my accounts that notify me when my funds reach below a certain amount. That way I can adjust my spending and/or move some money around.
I don't know if this was the chick's situation or not but bank were doing some bs forcing overdrafts to occur. Mutherfucken bank tried to overdraft me even though I deposited cash to a teller.
Are Banks Manipulating Your Transactions To Charge You An Overdraft Fee?
The Consumer Finance Protection Bureau unveiled plans today to learn more about the way banks charge overdraft fees.
www.forbes.com
"Transaction Re-ordering that Increases Consumer Costs: The CFPB is concerned that overdraft practices employed by some financial institutions increase consumer costs. One such practice is commingling of all checks, bill payments, debit card transactions, and ATM withdrawals each day and processing the largest transactions first. This maximizes the number of transactions that will trigger an overdraft fee. The CFPB will examine how prevalent this practice is and how it impacts consumers.
Essentially the CFPB has a hunch that banks are manipulating the order of your daily transactions to maximize the chances you’ll be charged an overdraft fee. Here’s an example: Say you’re a student with $50 in your account. You make 3 consecutive purchases for $10 each. That leaves you with $20, but you still need to buy a $40 book for class that evening. You decide to swipe your debit card anyway under the assumption you’ll be charged a $35 overdraft fee just once.
The CFPB says some banks will wait until the end of the day to deduct your daily purchases and start with the biggest purchase first. In this case, the $40 book is deducted first leaving the student with $10 then the three $10 transactions are deducted. That allows the bank to collect and overdraft fee two times instead of one.
So while your own banking calculations might be chronological, the banks are ordered to maximize fees. Here’s CFPB director Richard Cordray talking about transaction re-ordering at Hunter College today:
Because of transaction ordering, along with the vagaries of funds availability and the settlement of various types of debits, consumers may not know when they have reached the limit of their available funds. Therefore, it is easy for them to overdraw their accounts inadvertently. We have heard many stories about the $40 cup of coffee: a man swipes a debit card at his local coffee shop, and unbeknownst to him, his balance is too low to cover the cost. Rather than the card being declined (with the result that he either pays in cash or goes uncaffeinated), the small transaction is processed – along with a $35 overdraft fee."
I don’t condone and I don’t understand. She can see her bank account was on negative. This bih, don’t understand math?
So basically she just robbed a bank. It wasn't her money. It was the banks money.
The real epidemic is stupidity.
Exactly what I was thinking.
Black
Dollars
Matter
Dollars
Matter
A pizza delivery joint got me when I was young and in the military. They would allow you to post date a check for an order. I was 3 days away from payday, so I gave it a shot. They tried to cash that shit the next day!
Oh wow
Her dumbass is fucked, and rightfully so
Bull dykes do too much for no reason
I mean, I went off behind some unwarranted overdraft fees once....
Dumbasses tried to tell me I deposited 4k in checks so they had to hold my funds until they cleared. I actually made the deposit in cash and had the deposit slip to prove it. They acted like they didn't want to give me that fee money back.
Key word.... ACTED
I didn't jump the counter but I got all my money back and closed my account.
Dumbasses tried to tell me I deposited 4k in checks so they had to hold my funds until they cleared. I actually made the deposit in cash and had the deposit slip to prove it. They acted like they didn't want to give me that fee money back.
Key word.... ACTED
I didn't jump the counter but I got all my money back and closed my account.
I opted out of over draft fees as soon as Obama approve it. They won't hit you for the item that over drafted your account. They pay the biggest charge pending and hit you for all the small charges so they can get as many fees as possible. If I don't have the funds don't pay the shit.
now she got bigger problems than a 35 dollar fee
Wait they ACTUALLY took the physical check from her ass?!
I assumed it was direct deposited and she just had hella feea
I assumed it was direct deposited and she just had hella feea
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