Bank Secret Fees

by 158 | August 9, 2009 at 08:26 pm
140 views | 6 Recommendations | 6 comments

Photos

bank | Photo 04

bank | Photo 04

see larger image

uploaded by 158

"One of most dangerous things going on with consumers is they are not paying attention to the variety of ways they are paying. They are balancing money back and forth because it's too hard to account for. Consumers shouldn't say to the bank ‘you're responsible to tell me what I'm doing with my money.'"

Banks are very good at

adding fees and charges

for services and it takes

time to keep up with all of

them.  Customers do need

to look at the statement from

the bank and understand what

and how much they are being

charged.

Advertisement
recommend This comment thread is now closed
2
mudricky

My bank charges £39 for a letter to tell me i've went overdrawn. Now all my letters from the bank are e-letters but if I went over drawn they would still charge the same.

They aren't even printing something.

2
Karl Gotthardt - albertacowpoke

They will tell you that those are all administrative fees for their trouble.  Don;t try to collect though if they screw up in their favour.

1
mudricky

oh I know all about that =:-(

0
158

They are indeed creative in charging fees

0
158

It would  seem fair that they pay you if they make a mistake.

1
mudricky

I'll second that...

This story was created over 3 months ago, the comment thread is now closed.

NowPublic on Facebook

What is NowPublic?

NowPublic lets people work together to cover news events around the world.

Find out more

Crowd Power

beststory
First Flagged at 8:57 PM, Aug 9, 2009 by beststory
These members have powered this story:

Related Stories

Recommendations (6)

Most recently recommended by:
 

closeSign in to NowPublic

is reporting from