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Tag Archives: Debits

Does Your Bank Count Debits to Intentionally Create More Overdrafts?

Nearly 40 percent of the biggest U.S. banks surveyed order transactions in a way that leads to increased overdrafts, according to a new report by the Pew Charitable Trusts. Pew analyzed 44 of the 50 biggest U.S. banks and found that 18 of them process debit transactions — purchases, payments and withdrawals — in order from the highest amount to ... Read More »

Does Your Bank Count Debits to Intentionally Create More Overdrafts?

Nearly 40 percent of the biggest U.S. banks surveyed order transactions in a way that leads to increased overdrafts, according to a new report by the Pew Charitable Trusts. Pew analyzed 44 of the 50 biggest U.S. banks and found that 18 of them process debit transactions — purchases, payments and withdrawals — in order from the highest amount to ... Read More »

Does Your Bank Count Debits to Intentionally Create More Overdrafts?

Nearly 40 percent of the biggest U.S. banks surveyed order transactions in a way that leads to increased overdrafts, according to a new report by the Pew Charitable Trusts. Pew analyzed 44 of the 50 biggest U.S. banks and found that 18 of them process debit transactions — purchases, payments and withdrawals — in order from the highest amount to ... Read More »