Comments on: How High Are Your Bank’s Overdraft and Related Fees? http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/ General interest observations and true web-log. Tue, 16 Mar 2010 09:44:54 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: meetsy http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588867 meetsy Mon, 12 Oct 2009 21:35:27 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588867 Banks have been allowed to pull these stupid stunts since the usury laws were systematically dismantled by the banking corporations who bribed, wheedled and otherwise bought off our elected law makers. Good luck turning this crap around, unless we can get some honest lawmakers, AND get some laws passed that make it illegal to accept bribes, services, etc. How is it that some of these politicians (our prez, included) can go from penniless to millions? WTF! Banks have been allowed to pull these stupid stunts since the usury laws were systematically dismantled by the banking corporations who bribed, wheedled and otherwise bought off our elected law makers.
Good luck turning this crap around, unless we can get some honest lawmakers, AND get some laws passed that make it illegal to accept bribes, services, etc. How is it that some of these politicians (our prez, included) can go from penniless to millions? WTF!

]]> By: Jennifer E. http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588763 Jennifer E. Mon, 12 Oct 2009 16:56:38 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588763 Free market, my butt. Credit unions pay their bosses too, and both of mine pull almost as many stunts as the banks. Free market, my butt. Credit unions pay their bosses too, and both of mine pull almost as many stunts as the banks.

]]> By: Two to the Head http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588564 Two to the Head Mon, 12 Oct 2009 03:51:59 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588564 Overdraft is one thing, how about 29% interest rates on credit cards. How is that even LEGAL? Because congress is in the pockets of the financial industry,(along with several others). Shameful. Overdraft is one thing, how about 29% interest rates on credit cards. How is that even LEGAL? Because congress is in the pockets of the financial industry,(along with several others). Shameful.

]]> By: dcphill http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588563 dcphill Mon, 12 Oct 2009 03:51:09 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588563 The free market does work. Dump the bank off your back and move to a credit union. For 40 years I have paid no fees for anything after I left BofA The free market does work. Dump the bank off
your back and move to a credit union.
For 40 years I have paid no fees for anything
after I left BofA

]]> By: Jennifer E. http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588428 Jennifer E. Sun, 11 Oct 2009 20:32:23 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588428 I used to have automatic debits for recurring expenses debit the same day as my ach deposit. One day they stop recording the deposit first (even though it was sent at midnight) in favor of the debits. They started that little BofA trick, too, where the big checks go first, to maximize the fees. I quit them for another CU, and first thing I did was cancel overdraft protection. The reinstate it almost immediately now, every time they update their tos. They also started holding manual deposits for a week, including gov't. checks. I used to have automatic debits for recurring expenses debit the same day as my ach deposit. One day they stop recording the deposit first (even though it was sent at midnight) in favor of the debits. They started that little BofA trick, too, where the big checks go first, to maximize the fees.

I quit them for another CU, and first thing I did was cancel overdraft protection. The reinstate it almost immediately now, every time they update their tos. They also started holding manual deposits for a week, including gov’t. checks.

]]> By: Uncle Patso http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588280 Uncle Patso Sun, 11 Oct 2009 10:00:08 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588280 It seems in general that the more customers a bank has, the worse it treats them. In several decades of having bank accounts, I have _never_once_ paid an ATM fee. I know where my bank's ATMs are and don't use any others. It also helps that I don't live in a major Eastern Seaboard metropolis or in California. The cost of living is a lot lower in "fly-over country." It seems in general that the more customers a bank has, the worse it treats them.

In several decades of having bank accounts, I have _never_once_ paid an ATM fee. I know where my bank’s ATMs are and don’t use any others.

It also helps that I don’t live in a major Eastern Seaboard metropolis or in California. The cost of living is a lot lower in “fly-over country.”

]]> By: LibertyLover http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588247 LibertyLover Sun, 11 Oct 2009 04:11:29 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588247 #4, <i>Hey Liberty Lover – 100% reserve would mean that the bank would not be able to lend!</i> EXACTLY!!! #4, Hey Liberty Lover – 100% reserve would mean that the bank would not be able to lend!

EXACTLY!!!

]]> By: Rick Cain http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588205 Rick Cain Sun, 11 Oct 2009 00:25:29 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588205 Put your money in a credit union, problem solved. Put your money in a credit union, problem solved.

]]> By: Potenza http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588177 Potenza Sat, 10 Oct 2009 22:20:03 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588177 Just shows the need for more Credit Unions in this country. My 1st savings & checking accounts were at a Credit Union. Better hours, rates & better service than any bank. People should Google for local CU's you might be surprised that you have one to join. I tried Wachovia 2 years ago because it was down the street & the credit union was a 20-30 min drive away. It was $20 to open a checking account & I ordered a bank card. They told me it would be 3-4 days till the check card came. After 2 weeks I went in to ask where my card was I was told that since I only had $20 in the account that I didn't need a check card, how nice of them decide that for me. After a 10 min fight to get them to give me my $20 back I showed them the $900 I had been planning on depositing. It went right back to my Credit Union that I'm still a member of & have been with for 18 years. Wachovia was my 1st time trying a bank & last. Just shows the need for more Credit Unions in this country. My 1st savings & checking accounts were at a Credit Union. Better hours, rates & better service than any bank. People should Google for local CU’s you might be surprised that you have one to join.

I tried Wachovia 2 years ago because it was down the street & the credit union was a 20-30 min drive away. It was $20 to open a checking account & I ordered a bank card. They told me it would be 3-4 days till the check card came. After 2 weeks I went in to ask where my card was I was told that since I only had $20 in the account that I didn’t need a check card, how nice of them decide that for me. After a 10 min fight to get them to give me my $20 back I showed them the $900 I had been planning on depositing. It went right back to my Credit Union that I’m still a member of & have been with for 18 years. Wachovia was my 1st time trying a bank & last.

]]> By: JimR http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588173 JimR Sat, 10 Oct 2009 22:04:03 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588173 I only use banks and charge cards that pay ME for using them and don't charge for services. I only use banks and charge cards that pay ME for using them and don’t charge for services.

]]> By: Ah_Yea http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588171 Ah_Yea Sat, 10 Oct 2009 21:57:13 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588171 That's good, moss. Now go to Wells Fargo and request overdraft protection be canceled. They won't do it. No joke. That’s good, moss. Now go to Wells Fargo and request overdraft protection be canceled.

They won’t do it. No joke.

]]> By: she wants http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588163 she wants Sat, 10 Oct 2009 21:14:40 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588163 Bankers should to be reminded of what happened to them in 1873. Bankers should to be reminded of what happened to them in 1873.

]]> By: god http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588161 god Sat, 10 Oct 2009 21:02:47 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588161 Whingers <em>need</em> a Nanny State. If your bank changed overdraft fees, procedures, late fees, ATM charges - you received a piece of paper in the mail with the details. You could have opted out. If you read it. You could have canceled the account. I did so when a credit card's rates were changed for what I felt was no good reason - and on a zero balance at that. I read the notice. If you didn't notice the changes - guess whose fracking fault that is? Whingers need a Nanny State.

If your bank changed overdraft fees, procedures, late fees, ATM charges – you received a piece of paper in the mail with the details. You could have opted out.

If you read it.

You could have canceled the account. I did so when a credit card’s rates were changed for what I felt was no good reason – and on a zero balance at that.

I read the notice.

If you didn’t notice the changes – guess whose fracking fault that is?

]]> By: moss http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588152 moss Sat, 10 Oct 2009 20:04:43 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588152 It still is fun to drop by and see what ignorance prevails. Uh, guys, none of this is struck in stone. Call your bank and tell them you don't want automatic overdraft protection. Then, they remove it. Gee, that's really arduous. It still is fun to drop by and see what ignorance prevails. Uh, guys, none of this is struck in stone.

Call your bank and tell them you don’t want automatic overdraft protection. Then, they remove it. Gee, that’s really arduous.

]]> By: soundwash http://www.dvorak.org/blog/2009/10/10/how-high-are-your-banks-overdraft-and-related-fees/comment-page-1/#comment-1588140 soundwash Sat, 10 Oct 2009 19:37:45 +0000 http://www.dvorak.org/blog/?p=59890#comment-1588140 The last and final Great Rape of the American people, her lands and her sovereignty is underway. If you do not wake up and put a stop to it NOW, you have ZERO right to complain and might as well go back to watching the instrument of your ignorance and death, the TV. You will have wasted your life and will not get a chance to rectify it again. -s We live in a Mirror Image reality of the truth. Learn to see through this or forever be a slave to your ignorance. The last and final Great Rape of the American people, her lands and her sovereignty is underway.

If you do not wake up and put a stop to it NOW, you have ZERO right to complain and might as well go back to watching the instrument of your ignorance and death, the TV.

You will have wasted your life and will not get a chance to rectify it again.

-s

We live in a Mirror Image reality of the truth.

Learn to see through this or forever be a slave to your ignorance.

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