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Terms & Conditions: Bank of America
Manage episode 311826117 series 3190096
Everyday, Big Banks make close to a $100 million in overdraft fees. Next year, Big Banks are estimated to rake in $40 billion in overdraft fees, and that's possible because 1 in 4 Americans are being hit with these fees. The major issue is that almost nobody actually reads the terms and conditions of these overdrafts from big banks, and have no clue what they are actually agreeing to. We at Current know that! We also know that you listen to podcasts which is why we launched The Terms and Conditions Podcast to help everyday Americans better understand what they are agreeing to. These are the overdraft terms and conditions from Bank of America.
3 Episoden
Manage episode 311826117 series 3190096
Everyday, Big Banks make close to a $100 million in overdraft fees. Next year, Big Banks are estimated to rake in $40 billion in overdraft fees, and that's possible because 1 in 4 Americans are being hit with these fees. The major issue is that almost nobody actually reads the terms and conditions of these overdrafts from big banks, and have no clue what they are actually agreeing to. We at Current know that! We also know that you listen to podcasts which is why we launched The Terms and Conditions Podcast to help everyday Americans better understand what they are agreeing to. These are the overdraft terms and conditions from Bank of America.
3 Episoden
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