Overdrawn!
March 14, 2008 | alternatives, industry | Comments (0)
A new documentary takes at look at overdraft and bounced check charges.
According to Bankrate.com, the average NSF fee is now $28.23 and the average overdraft protection fee is $29.00.
Knowing that those fees hit whether the overdraft is for $3 or $300 and that the fee for a payday loan is typically $15-$17 per $100…it becomes very clear why payday loans are used by customers to avoid bounced check and overdraft fees.
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