Word: overdraftã
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...some people (myself not included), but the new rules leave you to choose between getting ripped off and not having any protection at all. Suppose, as one bill floating around Washington proposes, that, rather than a $35 flat fee, overdraft charges were proportional to the size of the overdraft??€”or that you were permitted a limited number of overdrafts each year at a reasonable rate. The Fed regulation doesn’t preclude these measures from being considered by Congress, but it makes immediate action on a bill that had a questionable amount of support to begin with...
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