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Joe Biden Plans To Slash Bank Overdraft Fees To As Little As $3 (www.huffpost.com)

submitted 9 months ago by btaf45@kbin.social to c/news@kbin.social

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“Banks call it a service,” the president said. “I call it exploitation.”

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[–] keet@kbin.social 7 points 9 months ago

It is exactly that....exploitation. I hope that I see this come to pass. While they're at it, they could give the Payday/Title loan industry a public spanking for good measure.

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[–] snooggums@kbin.social 1 points 9 months ago

"As little as $3" is still true if the outcome is up to $30.

While I think he could pull off single digits, it sure isn't going to be $3.

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