One fee that will rise at Laconia Savings Bank is the overdraft fee, which is going from $26 to $30. “It’s not a huge amount, but one of the benefits we hope to is see is that, with a higher fee, people will be less likely to overdraw on their accounts,” Murphy said.
So, consumers in New Hampshire no longer have the option of a $15 per $100 payday loan…but they’ll be forced to pay $30 if they overdraw their account. Insanity.
Perfect timing…
We get rid of those pesky payday lenders and then raise the NSF fees!!!!
Our plan is starting to come together!!!!
Coincidence? I think not.