This is a good article explaining the dangers of bank overdraft fees. We experienced it firsthand when my son kept withdrawing and withdrawing while on a trip to Belgium with us. I wondered how he had so much money.
Overdraft fees
Consumers do have responsibilities not to go below a zero balance, but should banks charge such fees and should Congress legislate a stop to such practices? I personally believe it is an unfair practice, but I would hope banks would "police" themselves.
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