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I bet you will feel sick if you added them up

Posted: Fri May 30, 2008 8:11 am Subject:

I have overdraft protection and my bank waives the $34.00 overdraft fee once a year. So I am very careful so far so good not having to use it.

Posted: Fri May 30, 2008 8:52 am Subject:

I don't bounce checks or spend more then is in my account. I have not had any NSF fees in the last year.

Other then pdl's doing unauthorized charges, or a like situation, there is really no good reason to overdraw your bank account.

Posted: Fri May 30, 2008 9:05 am Subject: overdraft

never had them till I took out pdl's

Posted: Fri May 30, 2008 9:27 am Subject:

the reason I posted this question was that Amaranth has a post on here where she is being charged 560.00 in overdraft fees in a period of 2 days.

Posted: Fri May 30, 2008 10:08 am Subject:

Those bank overdrafts can add up fast! Just say you had 5 checks bounce or returned at $35 a pop, that comes to $175, so the more checks that this happens to.... bad part is, once a couple of those fees hit, it lowers the amount in your account and until you get the notice, you may not be aware of it and then more checks hit and the cycle continues. It can get to be a big mess! Been there done that

Posted: Fri May 30, 2008 12:47 pm Subject:

Zero for me!

Posted: Fri May 30, 2008 1:18 pm Subject:

yeah they say it is overdraft "protection" however, it actually ends up being a bad thing. That and PDLs are the ENEMY

Posted: Fri May 30, 2008 2:07 pm Subject:

I have had $0 in overdraft fees in the last year, because I ceased using a checking account after the PDL fiasco nearly 2 years ago. I've managed to get by just fine without one, by paying my bills online with a prepaid debit card and having my payroll direct deposited either to the debit card or to my savings account.

No monthly fees, no overdraft fees, and no having to balance the account.

Posted: Fri May 30, 2008 2:20 pm Subject:

I carried over draft protection at one time linked to a unsecured line of credit.It costs me nothing to link and only 9.9% interest if I wanted to revolve a balance.It is all in how you sit down & chew the fat with a banker. Laughing

Guest · Posted: Sun Jun 01, 2008 12:54 am Subject:

exactly cajun!
if anyone owes pdl's they should close account
when you have new account don't spend more than you have in there and overdraft fees will not occur..
most people with low credit score only have a $1,000 overdraft fee
after that ....everything bounces

Posted: Sun Jun 01, 2008 5:02 am Subject:

I had one this year and it was because that DARN
ATM let me take out more money then what was in the account.
What happened to the days when the ATM would tell you to choose a different amount?

Posted: Sun Jun 01, 2008 8:34 am Subject:

I'll fess up here and say, yes, I have overdrawn. Even though I DO have overdraft protection, I still receive NSF charges. And yes, there was a VERY good reason for it. It happens to the best of us at times, and there is no shame in it, unless you are purposely overdrawing your account for frivolous reasons. Wink

Posted: Sun Jun 01, 2008 8:43 am Subject:

Hey, how would a person get a prepaid debit card???

Posted: Sun Jun 01, 2008 10:28 am Subject:

lmale - go to any WalMart, RiteAid or Walgreens - they all sell them. It's called Green Dot Network, and you can load pretty much any amount on them.

It's around $10 purchase the card, I think (might be more now, it's been 2 years since I bought one, need to get another since mine is expiring this month), and then it's $4.95 for each time you load money onto it. However, you can have your payroll direct deposited to the card at no charge. There is a small monthly fee for using the card as well. The way I see it, those fees are minor compared to the $25 to $35 a bank charges for EVERY overdraft...and some banks have a daily fee for every day you are overdrafted, in addition to the overdraft fee itself! (My old bank was $5 per day, plus the overdraft fee of $25 per check.)

The cards are good for 2 years, and are accepted anywhere Mastercard or Visa are accepted (depending on which card you get). I use mine for grocery shopping, online bill paying, etc. It can be used the same way any debit or credit card can be.

Posted: Sun Jun 01, 2008 10:31 am Subject:

Can you set up automatic drafts monthly like for car insurance or that type of bill?

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how much have you spent in nsf fees last year

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