turbodog
Flashaholic
Re: Chase's overdraft fee scam
With the way the world is getting more complex, while people have a finite attention span and ability, everything is turning into a specialty.
That said... banking's not much different than any service business.
In short... be as zealous in protecting yourself as others are in trying to screw you.
Once upon a time, it was considered immoral and wrong to take advantage of a person's ignorance in a specialized field like loans and credit. There were Usury laws that at least gave a person a chance to keep from being shafted if a bank got greedy. Banks were not allowed to make loans that they knew would fail. They were not allowed to charge huge fees.
A while back (i believe it was during Regan's administration) those laws were weakened, and are now virtually gone.
It's still not right to take advantage of people, and a suggestion to "man up" sounds like it's in support of the right to rip off people. That just does not sound right on CPF.
Daniel
With the way the world is getting more complex, while people have a finite attention span and ability, everything is turning into a specialty.
That said... banking's not much different than any service business.
In short... be as zealous in protecting yourself as others are in trying to screw you.