Can’t pay all the bills? Pay the important ones, let the others incur late fees. Pay more on top of the regular bill next time because you couldn’t pay on time.
That shit is infuriating, especially the stupid large fees of $25-35. Just like you said, have no money and they charge you a relatively huge amount in return.
From 2015-20 banks collected over six billion dollars in overdraft fees simply because they wanted to charge people who ran out of money more money.
I switched banks because of this, from a local credit union to an online only bank. I hate that I had to, but the random online bank treats me better and charges me less
Being poor is expensive.
Can’t pay all the bills? Pay the important ones, let the others incur late fees. Pay more on top of the regular bill next time because you couldn’t pay on time.
Overdraft because you literally don’t have any money? That’ll be more money please.
That shit is infuriating, especially the stupid large fees of $25-35. Just like you said, have no money and they charge you a relatively huge amount in return.
From 2015-20 banks collected over six billion dollars in overdraft fees simply because they wanted to charge people who ran out of money more money.
That’s fucking disgusting.
and that money goes to other people as interest for having a lot of money
Gotta make sure those who have get even more. That’s how it’s always been and always will be.
I switched banks because of this, from a local credit union to an online only bank. I hate that I had to, but the random online bank treats me better and charges me less