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A new report calls into question the “overdraft protection” banks offer you.
It’s something you pay for in advance, in case you spend more than you actually have in your account.
But the Consumer Financial Protection Bureau says the protection you think you are getting, may do more for the bank, than for you.
Garry Patterson is with ClearPoint Credit Counseling.
- ClearPoint Credit Counseling
- 5050 Poplar Ave.
- (901) 276-2000
- http://www.clearpointcreditcounselingsolutions.org/
- https://www.facebook.com/KnowYourMoney
- https://twitter.com/KnowYourMoneyUS
