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Entries Tagged as 'insufficient funds fees'

Banks Can Access Your Social Security Deposits to Cover Overdraft Fees

July 14th, 2009 · No Comments · Banking, Consumer Info

If you live in California and you collect Social Security, it is time to pay better attention to your account balances – because Uncle Sam has decided that the overdraft fees you “owe” the bank can be taken directly from your Social Security deposits. Last month, the California Supreme Court unanimously overturned a billion-dollar class-action [...]

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