• crashfrog@lemm.ee
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    11 months ago

    I mean if you did withdraws down below the amount in your account and then paid overdraft fees, who’s fault is that? If you want to spend money you don’t have use a credit card.

    then they processed the big one first (even though it was the last) then processed the small ones after and then they didn’t charge one overdraft fee, but multiple.

    Yes, as per the explicit terms of your account agreement.

    also there is the obvious case of the 2008 financial crisis

    Yes, where a lot of people took out loans they knew they wouldn’t be able to repay.

    • eskimofry@lemmy.world
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      11 months ago

      I mean if you did withdraws down below the amount in your account and then paid overdraft fees, who’s fault is that? If you want to spend money you don’t have use a credit card.

      Lol bro what primitive money grubbing system is this? I am always aware of my bank balance via an app (UPI, India).

      This should be obvious: Transactions should fail if there’s not enough balance. No overdraft bullshit.

      • crashfrog@lemm.ee
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        11 months ago

        They do fail if there’s not enough balance. There is no overdraft bullshit, if you ask your bank to act that way.