Comments on: How are banks going to make money now, since now you will be able to opt-out of overdrafts? http://www.secretfinance.com/blog/how-are-banks-going-to-make-money-now-since-now-you-will-be-able-to-opt-out-of-overdrafts/ Sat, 04 Sep 2010 16:28:35 +0000 http://wordpress.org/?v=2.7 hourly 1 By: jlf http://www.secretfinance.com/blog/how-are-banks-going-to-make-money-now-since-now-you-will-be-able-to-opt-out-of-overdrafts/comment-page-1/#comment-2599 jlf Fri, 12 Mar 2010 07:49:55 +0000 http://www.secretfinance.com/blog/how-are-banks-going-to-make-money-now-since-now-you-will-be-able-to-opt-out-of-overdrafts/#comment-2599 Fees will just pop up elsewhere. But people who overdraft have only themselves to blame.<a href="http://www.goldbuyingguide.com/buying-gold-online.htm"> jlf</a> Fees will just pop up elsewhere. But people who overdraft have only themselves to blame. jlf

]]> By: PenelopeM http://www.secretfinance.com/blog/how-are-banks-going-to-make-money-now-since-now-you-will-be-able-to-opt-out-of-overdrafts/comment-page-1/#comment-2598 PenelopeM Wed, 10 Mar 2010 04:39:38 +0000 http://www.secretfinance.com/blog/how-are-banks-going-to-make-money-now-since-now-you-will-be-able-to-opt-out-of-overdrafts/#comment-2598 People being able to "opt out" of overdraft charges will mean that when they go to make a purchase, if they are even one cent short of the amount needed for the purchase, it will get declined instead of being approved. Trying to buy $20 of gas? If you've only got $19.99 in your account -- sorry, Declined! Banks will find any way to screw us they can. This is why I keep telling people to join any credit union they are eligible for. If there is a Credit Union in your town with the word "Community" in its name, then chances are very (extremely) good that you are eligible to join it.<a href="http://www.resumeminers.com/online-degree/online-degree-certificates.htm"> PenelopeM</a> People being able to “opt out” of overdraft charges will mean that when they go to make a purchase, if they are even one cent short of the amount needed for the purchase, it will get declined instead of being approved. Trying to buy $20 of gas? If you’ve only got $19.99 in your account — sorry, Declined!

Banks will find any way to screw us they can. This is why I keep telling people to join any credit union they are eligible for.

If there is a Credit Union in your town with the word “Community” in its name, then chances are very (extremely) good that you are eligible to join it. PenelopeM

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