• satans_crackpipe@lemmy.world
    link
    fedilink
    arrow-up
    12
    ·
    11 months ago

    Predatory lending. Overdraft fees. Minimum balances. Setting due dates on holidays and and weekends, then refusing to process payments for a three days prior to the due date. Opening lines of credit for people with mental handicaps. Fixing their books. Lying to regulatory agencies.

      • satans_crackpipe@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        11 months ago

        You had to focus on one thing in my comment, and you still didn’t even get it correct!

        Bank of America intentionally processed transactions out of order to put accounts in the red faster in order to maximize per-transaction penalties. They are not the only bank.

        • Pyro@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          ·
          11 months ago

          Earlier today I read about someone who had their withdrawal processed before their deposit, placing their account into the red for a miniscule amount of times but still incurring the $35 overdraft fee.