General Discussion

NightTemplar

(49 posts)

8. Banks are the worst...

Reply to liberal N proud (Original post)

Sat Jan 7, 2012, 03:36 PM

Jan 2012

Your checking account has 1000 dollars in it... and you have a $1000 check come thru, a starbucks debit card transaction for $3, a double cheeseburger and coke for $3 and a $5 loaf of bread and gallon of milk...

For your crime of spending more than you have in your account (that the bank promotes and ALLOWS) you will PAY $105 in fees because they pay items from large>small to maximize overdraft fees.

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The 5 businesses that rip off the poor [View all] liberal N proud Jan 2012 OP

Post removed Post removed Jan 2012 #1

State lotteries should be on that list. Reader Rabbit Jan 2012 #2

A lot of non-poor buy lottery tickets. MH1 Jan 2012 #3

More accurately it is a tax on the mathematically challenged. MedicalAdmin Jan 2012 #4

In economic parlance, many people derive "utility" from the *chance* to win. So the money isn't Romulox Jan 2012 #6

Bingo. Scuba Jan 2012 #11

Donald Trump bought a number of Powerball tickets a while back ... zbdent Jan 2012 #7

Winning for him would be pocket change liberal N proud Jan 2012 #9

Innumeracy is even more rampant than illiteracy.. Fumesucker Jan 2012 #12

Nike. nt Romulox Jan 2012 #5

+1 Fumesucker Jan 2012 #13

Banks are the worst... NightTemplar Jan 2012 #8

That's one reason why I never pay for anything with a debit card Art_from_Ark Jan 2012 #14

Books by Gregory Squires ProgressiveEconomist Jan 2012 #10

Why do people lease used cars? high density Jan 2012 #15

I think they prey on people who can't manage to come up with a few hundred dollars for down payment liberal N proud Jan 2012 #16

That and credit rating OriginalGeek Jan 2012 #17