4 ms·
It is exaggerated, particularly the 2 $30 fees: a $30 "failed payment" fee sounds like a bounced check, and doesn't really apply here, and there's been a genera
by alright2565 1y ago
It is exaggerated, particularly the 2 $30 fees: a $30 "failed payment" fee sounds like a bounced check, and doesn't really apply here, and there's been a general crackdown on overdraft protection fees.
But it doesn't need exaggeration! A missed payment accelerating the loan to 46% APY effective is already usury and bad enough!
- immibis 1y agoThe Trump regime has removed the rules preventing excessive bank fees. Prior to these rules, put in place by the Biden administration late last year, the average fee was $35.