11-08-2008, 06:42 AM
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nsf fees charged by banks in michigan
is it legal for a bank to continuosly charge a daily overdraft fee in michigan?
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11-08-2008, 04:30 PM
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yes it is legal. Many banks like Fifth Third Bank will charge a daily fee for up to 30 days for every day that your account is not current.
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mca my list of non-chex banks and credit unions is located at http://www.chexsystemsvictims.com
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11-10-2008, 09:22 AM
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continous overdraft
were would i go to find this law that gives them this power? thankyou.
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04-10-2009, 08:47 AM
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FEES
THE LAW STSTES YOUR FEE POILCY MUST BE KNOWN THE THE GOVT ONLY MONITORS WHAT IS CHARGED
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10-28-2009, 11:01 AM
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Can banks repetitiously charge NFS fees on the same transaction? I had a $200 NSF online transaction and was not notified about it. The next thing I knew, they were sending me a collection letter for $420!!!!!!!!!!!! There's got to be a law against this kind of unfair bank practice but I've yet to find it. Thanks
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11-02-2009, 02:59 PM
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If the company tried to keep putting it through, they will charge you. I know it seems nuts but most of them do exactly that
__________________
mca my list of non-chex banks and credit unions is located at http://www.chexsystemsvictims.com
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