Comment on Cox charges you $25 if your credit card is declined
eager_eagle@lemmy.world 3 weeks agoDisabling overdraft is the first thing people should do when opening a bank account. It’s extremely predatory.
Comment on Cox charges you $25 if your credit card is declined
eager_eagle@lemmy.world 3 weeks agoDisabling overdraft is the first thing people should do when opening a bank account. It’s extremely predatory.
andros_rex@lemmy.world 3 weeks ago
Wells Fargo made a lot of money on ‘Sort Order Optimization’
Say you have $100 in your bank account. You buy a candy bar for $2 from a vending machine, a coke for another $2, fill up $20 worth of gas, and then spend $100 on groceries. You’d think one overdraft charge, for the groceries, right?
Nope. The groceries will be taken out first, then the gas, then the candy bar and coke. Three overdraft charges.
It’s expensive being poor - and they knew that:
OutDoeHoe@lemmy.world 3 weeks ago
That is so fucked up
wizardbeard@lemmy.dbzer0.com 3 weeks ago
And is now illegal, thankfully.
Mirshe@lemmy.world 2 weeks ago
For the next couple weeks, I’m sure. The financials are watching all the axes being taken to regulation in the industrial sector and I’m sure they’re gonna want in on that scene at some point.