Were Overdraft Fees Created in 1990?
A February 2023 Imgur post suggested that overdraft fees are not a long-standing tradition.
banking
‘Banks Collected More than $30 BILLION in Overdraft Fees in 2020’
A viral tweet and screenshots suggested that banks made out like bandits due to the 2020 struggles of cash-strapped Americans.
Did Banks Collect $30 Billion in Overdraft Fees in 2018?
In January 2019, the following meme appeared on social media about overdraft fees collected by banks: The meme read: Banks collected over $30 billion in overdraft fees last year. Another way of saying that, banks took $30,000,000,000 from people who had no money. That statement is not exclusive to the image reproduced here; it appeared in …
Did Banks Collect $30 Billion in Overdraft Fees in 2018? Read More »