Bank of America Fees and the Unjustified Overdraft Fees Video

Are you Tired of Bank of America and their Unjustified Overdraft Fees ?

Well I am!

U.S. banks to make $38 billion from overdraft fees

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is this include the fee they charge for bouncing a check?

http://finance.yahoo.com/news/US-ban...&asset=&ccode=

(Reuters) - Banks in the United States are poised to make $38.5 billion in customer overdraft fees this year, the Financial Times said, citing research by Moebs Services.

A large portion of the revenue is likely to come from the most financially stretched consumers, according to the paper.

It said the research showed that many banks have increased charges on overdrafts and credit cards in order to boost profits.

The median bank overdraft fee rose this year by one dollar to $26, the paper said, citing the Moebs data.

"Banks are returning to a fee-driven model and overdraft fees are the mother lode," Mike Moebs, the company's founder was quoted by the paper as saying.

Overdraft fees accounted for more than 75 percent of service fees charged on customer deposits, the paper cited Moebs as saying.

Last year the U.S. Federal Reserve approved credit card rules to curb "unfair" practices such as surprise fees and interest rate hikes, and new mortgage lending rules are expected this summer. It is also mulling rules to give bank customers the chance to opt out of overdraft schemes that can involve fees.

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News & Politics

Tags:

• overdraft
• bank fees
• bank of america
• overturned
• Bank-Fee Judgment
• bank of america fees
• united bank card fees
• bank fees laws
• unfair bank fees

[darkangelextra]

FUCK BANK OF AMERICA

[red7media]

@darkangelextra That's Right!

[red7media]

Just in from BOFA collection $447.00 from years ago!

[red7media]

Walmart prepaid visa card works at all atms and online.

NO BANK FEES!

[red7media]

I don't have any bank accounts, I use walmart $3.00 fee to cash checks and do money orders and paypal for other transactions.

[damnright4]

Im suing Citizens Bank in small claims court...980.00 of overdraft fees...

[damnright4]

Fuck ALL big Banks!!! Pull your money OUT OF... Citi, BOA,Citizens,HSBC, ETC ETC....They do not have your best interest in mind...Bastards, We should of let them FAIL...If they had your best interest in mind there would not be any "fine print"

[TheTopBloke]

@fooschnikens Dumbass. You can cross out the fine print. You do realize that don't you? Or do you just stick to hoping and praying they're not fucking you within the fine print? Don't be thick!

[TheTopBloke]

Just switch to another bank you fucking whiney losers.

[fooschnikens]

I love these pompous pieces of shit who say: "It's your own fault for not reading the fine print dumbass!" To all of you condescending geniuses out there: You're right, I didn't read the fine print. I just assumed, like a logical fucking human being, that if I didn't have sufficient funds in my account to pay for something with my debit card the register would reject the transaction. Why didn't paper checks just overdraft your account back in the day? Why did they bounce instead?

[fooschnikens]

@ThaUnprofessional Fuck you mother fucker. You probably work for Bastards of America. Why the fuck would they automatically opt people into overdraft protection? Back in the day if you wrote a check you couldn't cover, IT BOUNCED. Therefore, if you try to use your debit card for a purchase you can't cover, THE TRANSACTION SHOULD NOT GO THROUGH. That's why people keep credit cards douche bag; to cover transactions they can't cover with their checking account. You're a cock sucker

[badlegend1]

I am tired of people complaining about the banks,if people would just stop useing their services the banks would simply just go away.I am 39 years old and have never had a bank account and will never have one.Stop complaining and just stop giving the banks your money simple as that!!!