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Reasons this may be difficult: 1. historically poor person, they don't want to deal with them and just want to charge them the $35 per individual overdraft,
by t-writescode 3y ago
Reasons this may be difficult:
1. historically poor person, they don't want to deal with them and just want to charge them the $35 per individual overdraft, or whatever insanely high charge it is.
2. Poor person works hours that make it impossible to visit or even call a bank. No really, working 1 job with insane hours or several jobs with even more insane hours are not uncommon for poor people.
3. They shouldn't be re-ordering charges in the first place to have the worst possible result and it continues to perpetuate the harm we place on those who have less.
Number 2 is the absolutely loudest of these by several miles. A person being able to visit, or even call, a bank during operating hours is an enormous privilege that the people that are harmed by these overdraft fees, in the majority of cases, do not enjoy.
- WalterBright 3y agoWrite a letter. Before you dismiss this, too, I inherited my dad's papers. There were an awful lot of letters to businesses for various reasons, some with disputes. It worked for him.
- t-writescode 3y agoDoes this come from the same reasoning where the way you get a good paying job is by walking in the front door and giving a firm handshake to the owner? Addendum: nevermind that during this whole time of unfortunate and now very slow because "mail" correspondence, especially when the circumstance described is of a bank re-ordering transactions such as to cause the most possible overdrafts given a time range, this person's whole paycheck they need to survive may have been trapped or eaten by the overdraft fees if there's 4 or 5 of them. Yes, some people make that little.
- WalterBright 3y agoIf you can't walk into the branch, use the telephone, or write a letter, your best bet is to diligently keep track of your balance. Banks also offer overdraft protection, for an additional fee.
- hot_gril 3y agoWell soon it won't matter, because they'll be forced to offer "overdraft protection" (aka just not spending money I don't have) without a fee.