U.S. banks to make $38 billion from overdraft fees: This is straight from Reuters. News is that banks are poised to make a whopping 38 billion dollars in these fees.
Sad thing is that this money of overdraft is made or lynched from financially stretched customers. These customers are already on the financial breakdown path and topping this comes the overdraft fees.
As I had mentioned earlier, if you have not looked into your bank statements or accounts recently, please do, or else it will be a feel bad situation.
Here us the link to the story
