This report from the folks at Responsible Lending purports that Bank's have basically engaged in abusive practices in order to maximize overdraft fee revenue.
It also explains why some banks have recently decided to cut back on the amounts they charge for overdraft fees.
Click the graphic on the right to read their harsh conclusion.
Viewer Warning: If you are a banker, some of the recommendations contained in this report may be disturbing!
To think that they actually have the tenacity to call it Overdraft Protection is amusing.
Responsible Lending Report on Bank Overdraft Fees
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