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Tuesday, October 24, 2017

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When Was Bank Robbery Legalized?

By Steven Lane, published on Jul 30, 2007

According to a recent study by the Center for Responsible Lending, that amounts to about $17.5 billion a year. That is billions of dollars that goes direct from customer pockets into bank organized and manipulated profit centers. Is this legalized bank robbery, by the bank? Let's start this missive with one obvious fact: It is the bank customer, and only the bank customer, that is in the best position to know what their actual bank balance is. It is not the Banks' responsibility to balance every customer's check book. If the customer attempts to spend more money than what is in his/her account,... (more)

Tags: bank of america, bank fees, bank abuse, atm fees

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