Banks Cracking Down With Those Pesky Overdraft Fees During Economic Downturn

Watch out: “each of the nation’s 10 largest banks allows consumers to overdraw with checks, debit cards or at ATMs…Large banks also reserve the right to process large transactions first…Some even charge consumers before they overdraw by deducting a purchase when it’s made, rather than when it clears, pushing the account into the red sooner.”