They can not layer transactions so they maximize fees. If you have $800 and write a check for $750, buy groceries for $60, and a sandwich for $6 they will order the transactions to collect two overdraft fees instead of just one. A simple example but when you get more complex you are talking many more fees.
They can not layer transactions so they maximize fees. If you have $800 and write a check for $750, buy groceries for $60, and a sandwich for $6 they will order the transactions to collect two overdraft fees instead of just one. A simple example but when you get more complex you are talking many more fees.
(post is archived)