Consumers Fight to Recover $40 Billion From Banking Industry
Most of us have been overdrawn on our bank accounts at one time or another and have had to pay a fee for our oversight. Unfortunately, banks have capitalized on this by applying large transactions to balances first – making it easier for accounts to become overdrawn. It’s big bucks for the banking industry – nearly $40 billion a year. Consumers are now fighting back with bank overdraft fee lawsuits to get those monies reimbursed.
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