Three Things Your Bank Won’t Tell You

[ooyala code=”BydmVrazrhrA3mhDeZameO8Q9FYpp734″ player_id=”ffbcf8e010eb4c238d3dda4eb935d806″]

(Memphis) Believe it or not, the very places you trust with your money could be ripping you off!

The On Your Side Investigators are working to keep more of your money in your pocket by exposing bank secrets.

Imagine paying almost $900 in a single overdraft period.

It’s a worst case scenario, but an example of just how quickly those fees can multiply.

Outrageous and unfair is how many consumers describe bank policies and practices.

Mandi Freeman says she was shocked and upset to learn about something her bank was doing.

“So your bank was charging you because you weren’t using your debit card enough?” we asked.

“That’s correct,” replied Freeman.

The whole concept sort of seems like an oxymoron, charging you to access your own cash.

“Remember this is the consumer’s money, this is the family’s money,” says Mark Chalos of Lieff Cabraser.

Chalos’ Nashville law…

View original post 528 more words


Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s