Overdraft fees and lotteries are taxes on the poor

    by Mathemodel

    8 Comments

    1. A system that charges you money for not having enough money doesn’t seem very logical to me

    2. MysteriousLotion on

      I’d like to see the numbers during and post-Covid where everyone was/is at their peak brokeness. Truly evil behavior by banks. If your bank has overdraft fees and doesn’t have built-in overdraft protection, find a new bank!

    3. I wonder which would cause the biggest issue, overdraft fees or banks just not allowing you to go below $0 in your account?

      I suppose a % based fee like credit cards do is the most fair, but likely if you’re going into overdraft it’s because you’re not using credit cards for one reason or another.

    4. OtherwiseSoftware379 on

      And the Biden admin passed regulation limiting what banks can charge on overdrafts.
      Trump overturned it- along with a million other consumer protection regulations in place.

    5. We live in hell, the upside down. Where evil rules and good is punished. The cia datamines your kids brains and used the info to terrorize them.

    6. PrincessPurpleKisses on

      I got charged a $35 overdraft fee for my $16.04 Amazon purchase. Over TWICE what I even overdrafted! Make it make sense!

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