ST Alpha - "I'm really sort of annoyed with my bank because I feel how they are approaching the new overdraft regs is really disingenuous." (Reading a Post)

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I'm really sort of annoyed with my bank because I feel how they are approaching the new overdraft regs is really disingenuous.

Posted by TFox Jul 26 '10, 11:04

Like, technically nothing in this explanation is factually incorrect, but there's a lot of spin in how this is presented that I would almost term as predatory. They really try to make it seem that they are doing their customers a favor allowing them to make $2 debit card purchases in real time and then hitting them with $39 overdraft fees.

is it just me, or is this written in very shady fashion? (www.citizensbank.com)

Responses:

Yeah, I am glad the law set the default to No instead of requiring everyone to opt out. - not2fast Jul 26, 11:18
my take on this new stance - they want you to sign up for it - when in reality how did we ever get away from " If you don't have the money in there, - Epiphany Jul 26, 11:07
at least they give you the option - a lot of banks don't -- nm - Guy Jul 26, 11:05 3
- they have to, now. - znufrii Jul 26, 11:07 2
  - although a lot of them are going "guywhowantsthisservicesayswhat?" -- nm - Reagen Jul 26, 11:13 1
    - exactly. - znufrii Jul 26, 11:14

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I'm really sort of annoyed with my bank because I feel how they are approaching the new overdraft regs is really disingenuous.

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