I don’t have a checkbook since I am not from the US, also stop woth the bootkicking/victim blaming, they literally did shit like if you had some small charges that should have been fine, then you had a bigger charge that put you over the limit, then they processed the big one first (even though it was the last) then processed the small ones after and then they didn’t charge one overdraft fee, but multiple.
also there is the obvious case of the 2008 financial crisis, make some bootlicker argument for that, mate
I don’t have a checkbook since I am not from the US
So you don’t have to deposit an amount near your withdrawals? I’m curious about these places without overdraft fees. How far in the negative do they allow you to go?
Even without using a checkbook, I just got used to getting close to my limit. I deposit $100. I’d make a mental note that I spent $20 here, $50 there, and $25 at another place. Then I’d consider my money give, giving the transactions a few days to clear (back before things were so instant). Suck it banks, no overdraft fees this time!
aka sub-prime lending. this sort of thing has happened before, “buying on margin” in the 1920s, for the stock market. it didnt end well then either.
the way that laws work is that if you sign a contract, it’s legally binding - so if you take out a giant loan to buy a house & cant make the mortgage payments, you’re out of house and you’re liable to pay back the loan. you gotta read the fine print before you sign anything.
You could just balance your checkbook, maybe
I don’t have a checkbook since I am not from the US, also stop woth the bootkicking/victim blaming, they literally did shit like if you had some small charges that should have been fine, then you had a bigger charge that put you over the limit, then they processed the big one first (even though it was the last) then processed the small ones after and then they didn’t charge one overdraft fee, but multiple.
also there is the obvious case of the 2008 financial crisis, make some bootlicker argument for that, mate
So you don’t have to deposit an amount near your withdrawals? I’m curious about these places without overdraft fees. How far in the negative do they allow you to go?
Even without using a checkbook, I just got used to getting close to my limit. I deposit $100. I’d make a mental note that I spent $20 here, $50 there, and $25 at another place. Then I’d consider my money give, giving the transactions a few days to clear (back before things were so instant). Suck it banks, no overdraft fees this time!
aka sub-prime lending. this sort of thing has happened before, “buying on margin” in the 1920s, for the stock market. it didnt end well then either.
the way that laws work is that if you sign a contract, it’s legally binding - so if you take out a giant loan to buy a house & cant make the mortgage payments, you’re out of house and you’re liable to pay back the loan. you gotta read the fine print before you sign anything.
Dude, there was a systemic failure, the banks were deregulated, then the rating agencies misrated loans to keep making money.
Blaming individuals for “not reading the fine print” is just another form of bootlicking/victim blaming