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#overdraft — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #overdraft, aggregated by home.social.

  1. CW: CW: Financial Emergency / Overdraft (-$1k) / Systemic Failure

    I have already been through so much, and it feels like no matter what I try to do to escape the never ending train of crises that poverty gifts you with, another blow is ready to knock you back down on your ass.

    And now, here we are again, and every time it gets a little harder to ask myself why I even bother.

    I posted earlier that I made it to safety, and that is true. But I want to be transparent about what that safety cost. This is the hardest part. What I'd rather be right now is self-destructive.

    I just checked my bank account, and my lungs flattened out.

    The one-way rental vehicle that got Riko and me out of danger was supposed to be manageable. Anything above and beyond the original cost was supposed to go into a payment plan that would allow me to pay back that amount in a reasonable manner. Instead, my debit card was hit with a total charge of $1,045.15.

    This, despite the fact that no transactions that overdraw my account should be permitted. In retrospect, I should've just bought a car and sold it for the funds to get my new life started. (That's a joke. A bank would NEVER give YOU that much control over your OWN money. That control belongs to the companies you think you "choose" to patronize.

    Leftisms aside, this didn't just drain the funds we raised—it destroyed them.

    In my last update that I had "very little left." I have been made mistaken. I now have less than nothing.

    I cannot buy food. I cannot pay for gas. I cannot pay for anything until this hole is filled. The bank and the rental agency are closed until Monday, leaving me stuck in this financial freeze.

    I need to raise $1,050 immediately just to get back to ZERO.

    Please, if you can help me clear this debt so I can actually make it through my first week in Pittsburgh, I would be forever grateful.

    gofundme.com/f/ellis-emergency

    #MutualAid #TransCrowdfund #FinancialCrisis #Overdraft #Poverty #SystemicFailure #BudgetRentACar #Pittsburgh #TransLatina #EmergencyFund

    P.S. If you know anyone that works for Budget, ask them why they're in the business of destroying people's lives. That's a good question for them to answer.

  2. CW: CW: Financial Emergency / Overdraft (-$1k) / Systemic Failure

    I have already been through so much, and it feels like no matter what I try to do to escape the never ending train of crises that poverty gifts you with, another blow is ready to knock you back down on your ass.

    And now, here we are again, and every time it gets a little harder to ask myself why I even bother.

    I posted earlier that I made it to safety, and that is true. But I want to be transparent about what that safety cost. This is the hardest part. What I'd rather be right now is self-destructive.

    I just checked my bank account, and my lungs flattened out.

    The one-way rental vehicle that got Riko and me out of danger was supposed to be manageable. Anything above and beyond the original cost was supposed to go into a payment plan that would allow me to pay back that amount in a reasonable manner. Instead, my debit card was hit with a total charge of $1,045.15.

    This, despite the fact that no transactions that overdraw my account should be permitted. In retrospect, I should've just bought a car and sold it for the funds to get my new life started. (That's a joke. A bank would NEVER give YOU that much control over your OWN money. That control belongs to the companies you think you "choose" to patronize.

    Leftisms aside, this didn't just drain the funds we raised—it destroyed them.

    In my last update that I had "very little left." I have been made mistaken. I now have less than nothing.

    I cannot buy food. I cannot pay for gas. I cannot pay for anything until this hole is filled. The bank and the rental agency are closed until Monday, leaving me stuck in this financial freeze.

    I need to raise $1,050 immediately just to get back to ZERO.

    Please, if you can help me clear this debt so I can actually make it through my first week in Pittsburgh, I would be forever grateful.

    gofundme.com/f/ellis-emergency

    #MutualAid #TransCrowdfund #FinancialCrisis #Overdraft #Poverty #SystemicFailure #BudgetRentACar #Pittsburgh #TransLatina #EmergencyFund

    P.S. If you know anyone that works for Budget, ask them why they're in the business of destroying people's lives. That's a good question for them to answer.

  3. CW: CW: Financial Emergency / Overdraft (-$1k) / Systemic Failure

    I have already been through so much, and it feels like no matter what I try to do to escape the never ending train of crises that poverty gifts you with, another blow is ready to knock you back down on your ass.

    And now, here we are again, and every time it gets a little harder to ask myself why I even bother.

    I posted earlier that I made it to safety, and that is true. But I want to be transparent about what that safety cost. This is the hardest part. What I'd rather be right now is self-destructive.

    I just checked my bank account, and my lungs flattened out.

    The one-way rental vehicle that got Riko and me out of danger was supposed to be manageable. Anything above and beyond the original cost was supposed to go into a payment plan that would allow me to pay back that amount in a reasonable manner. Instead, my debit card was hit with a total charge of $1,045.15.

    This, despite the fact that no transactions that overdraw my account should be permitted. In retrospect, I should've just bought a car and sold it for the funds to get my new life started. (That's a joke. A bank would NEVER give YOU that much control over your OWN money. That control belongs to the companies you think you "choose" to patronize.

    Leftisms aside, this didn't just drain the funds we raised—it destroyed them.

    In my last update that I had "very little left." I have been made mistaken. I now have less than nothing.

    I cannot buy food. I cannot pay for gas. I cannot pay for anything until this hole is filled. The bank and the rental agency are closed until Monday, leaving me stuck in this financial freeze.

    I need to raise $1,050 immediately just to get back to ZERO.

    Please, if you can help me clear this debt so I can actually make it through my first week in Pittsburgh, I would be forever grateful.

    gofundme.com/f/ellis-emergency

    #MutualAid #TransCrowdfund #FinancialCrisis #Overdraft #Poverty #SystemicFailure #BudgetRentACar #Pittsburgh #TransLatina #EmergencyFund

    P.S. If you know anyone that works for Budget, ask them why they're in the business of destroying people's lives. That's a good question for them to answer.

  4. CW: CW: Financial Emergency / Overdraft (-$1k) / Systemic Failure

    I have already been through so much, and it feels like no matter what I try to do to escape the never ending train of crises that poverty gifts you with, another blow is ready to knock you back down on your ass.

    And now, here we are again, and every time it gets a little harder to ask myself why I even bother.

    I posted earlier that I made it to safety, and that is true. But I want to be transparent about what that safety cost. This is the hardest part. What I'd rather be right now is self-destructive.

    I just checked my bank account, and my lungs flattened out.

    The one-way rental vehicle that got Riko and me out of danger was supposed to be manageable. Anything above and beyond the original cost was supposed to go into a payment plan that would allow me to pay back that amount in a reasonable manner. Instead, my debit card was hit with a total charge of $1,045.15.

    This, despite the fact that no transactions that overdraw my account should be permitted. In retrospect, I should've just bought a car and sold it for the funds to get my new life started. (That's a joke. A bank would NEVER give YOU that much control over your OWN money. That control belongs to the companies you think you "choose" to patronize.

    Leftisms aside, this didn't just drain the funds we raised—it destroyed them.

    In my last update that I had "very little left." I have been made mistaken. I now have less than nothing.

    I cannot buy food. I cannot pay for gas. I cannot pay for anything until this hole is filled. The bank and the rental agency are closed until Monday, leaving me stuck in this financial freeze.

    I need to raise $1,050 immediately just to get back to ZERO.

    Please, if you can help me clear this debt so I can actually make it through my first week in Pittsburgh, I would be forever grateful.

    gofundme.com/f/ellis-emergency

    #MutualAid #TransCrowdfund #FinancialCrisis #Overdraft #Poverty #SystemicFailure #BudgetRentACar #Pittsburgh #TransLatina #EmergencyFund

    P.S. If you know anyone that works for Budget, ask them why they're in the business of destroying people's lives. That's a good question for them to answer.

  5. CW: CW: Financial Emergency / Overdraft (-$1k) / Systemic Failure

    I have already been through so much, and it feels like no matter what I try to do to escape the never ending train of crises that poverty gifts you with, another blow is ready to knock you back down on your ass.

    And now, here we are again, and every time it gets a little harder to ask myself why I even bother.

    I posted earlier that I made it to safety, and that is true. But I want to be transparent about what that safety cost. This is the hardest part. What I'd rather be right now is self-destructive.

    I just checked my bank account, and my lungs flattened out.

    The one-way rental vehicle that got Riko and me out of danger was supposed to be manageable. Anything above and beyond the original cost was supposed to go into a payment plan that would allow me to pay back that amount in a reasonable manner. Instead, my debit card was hit with a total charge of $1,045.15.

    This, despite the fact that no transactions that overdraw my account should be permitted. In retrospect, I should've just bought a car and sold it for the funds to get my new life started. (That's a joke. A bank would NEVER give YOU that much control over your OWN money. That control belongs to the companies you think you "choose" to patronize.

    Leftisms aside, this didn't just drain the funds we raised—it destroyed them.

    In my last update that I had "very little left." I have been made mistaken. I now have less than nothing.

    I cannot buy food. I cannot pay for gas. I cannot pay for anything until this hole is filled. The bank and the rental agency are closed until Monday, leaving me stuck in this financial freeze.

    I need to raise $1,050 immediately just to get back to ZERO.

    Please, if you can help me clear this debt so I can actually make it through my first week in Pittsburgh, I would be forever grateful.

    gofundme.com/f/ellis-emergency

    #MutualAid #TransCrowdfund #FinancialCrisis #Overdraft #Poverty #SystemicFailure #BudgetRentACar #Pittsburgh #TransLatina #EmergencyFund

    P.S. If you know anyone that works for Budget, ask them why they're in the business of destroying people's lives. That's a good question for them to answer.

  6. Today's food mutual aid request has been fulfilled (yay!)

    Now let's see how much of Atha's debts run up trying to survive we can pay off...

    The total debts are in the region of $50-60k if you include student loans.
    But the immediate needs (to avoid car repo and excessive credit card and overdraft fees) are more like $2000.

    What can we do to put a dent in that today?

    Paypal paypal.me/athamanatha
    Cashapp $athamanatha
    Venmo @Athamanatha
    Visa+ +Athamanatha.paypal
    Ko-Fi ko-fi.com/athakitsune
    Patreon (high fees) patreon.com/vulpinedesigns
    Multiple other methods on request by DM including Zelle, IBAN, Wise, ACH

    @mutualaid @thoughtpunks @anarchismhub

    #mutualaidrequest #mutualaid #queermutualaid #repo #car #loanpayments #overdraft #creditcard #helpplease #homeless #essentials #fuckcapitalism #debtrepayment #debts #currency #moneyhelp #unemployed #communesandconvoys #banks #paypal #fundraiser #fundraising #transcrowdfund #crowdfund #money #lgbt #queer #trans #transinneed #transmutualaid #lgbtqia2plus #lgbtq #lgbtqia #recovering #internallydisplaced #usa #help #fedihelp #helpplease #begpost #debtspiral #transrights #fucktrump #debtamnesty #debtactivists #donation #donations #donate #pleasedonate

  7. Today's food mutual aid request has been fulfilled (yay!)

    Now let's see how much of Atha's debts run up trying to survive we can pay off...

    The total debts are in the region of $50-60k if you include student loans.
    But the immediate needs (to avoid car repo and excessive credit card and overdraft fees) are more like $2000.

    What can we do to put a dent in that today?

    Paypal paypal.me/athamanatha
    Cashapp $athamanatha
    Venmo @Athamanatha
    Visa+ +Athamanatha.paypal
    Ko-Fi ko-fi.com/athakitsune
    Patreon (high fees) patreon.com/vulpinedesigns
    Multiple other methods on request by DM including Zelle, IBAN, Wise, ACH

    @mutualaid @thoughtpunks @anarchismhub

    #mutualaidrequest #mutualaid #queermutualaid #repo #car #loanpayments #overdraft #creditcard #helpplease #homeless #essentials #fuckcapitalism #debtrepayment #debts #currency #moneyhelp #unemployed #communesandconvoys #banks #paypal #fundraiser #fundraising #transcrowdfund #crowdfund #money #lgbt #queer #trans #transinneed #transmutualaid #lgbtqia2plus #lgbtq #lgbtqia #recovering #internallydisplaced #usa #help #fedihelp #helpplease #begpost #debtspiral #transrights #fucktrump #debtamnesty #debtactivists #donation #donations #donate #pleasedonate

  8. Today's food mutual aid request has been fulfilled (yay!)

    Now let's see how much of Atha's debts run up trying to survive we can pay off...

    The total debts are in the region of $50-60k if you include student loans.
    But the immediate needs (to avoid car repo and excessive credit card and overdraft fees) are more like $2000.

    What can we do to put a dent in that today?

    Paypal paypal.me/athamanatha
    Cashapp $athamanatha
    Venmo @Athamanatha
    Visa+ +Athamanatha.paypal
    Ko-Fi ko-fi.com/athakitsune
    Patreon (high fees) patreon.com/vulpinedesigns
    Multiple other methods on request by DM including Zelle, IBAN, Wise, ACH

    @mutualaid @thoughtpunks @anarchismhub

    #mutualaidrequest #mutualaid #queermutualaid #repo #car #loanpayments #overdraft #creditcard #helpplease #homeless #essentials #fuckcapitalism #debtrepayment #debts #currency #moneyhelp #unemployed #communesandconvoys #banks #paypal #fundraiser #fundraising #transcrowdfund #crowdfund #money #lgbt #queer #trans #transinneed #transmutualaid #lgbtqia2plus #lgbtq #lgbtqia #recovering #internallydisplaced #usa #help #fedihelp #helpplease #begpost #debtspiral #transrights #fucktrump #debtamnesty #debtactivists #donation #donations #donate #pleasedonate

  9. Today's food mutual aid request has been fulfilled (yay!)

    Now let's see how much of Atha's debts run up trying to survive we can pay off...

    The total debts are in the region of $50-60k if you include student loans.
    But the immediate needs (to avoid car repo and excessive credit card and overdraft fees) are more like $2000.

    What can we do to put a dent in that today?

    Paypal paypal.me/athamanatha
    Cashapp $athamanatha
    Venmo @Athamanatha
    Visa+ +Athamanatha.paypal
    Ko-Fi ko-fi.com/athakitsune
    Patreon (high fees) patreon.com/vulpinedesigns
    Multiple other methods on request by DM including Zelle, IBAN, Wise, ACH

    @mutualaid @thoughtpunks @anarchismhub

    #mutualaidrequest #mutualaid #queermutualaid #repo #car #loanpayments #overdraft #creditcard #helpplease #homeless #essentials #fuckcapitalism #debtrepayment #debts #currency #moneyhelp #unemployed #communesandconvoys #banks #paypal #fundraiser #fundraising #transcrowdfund #crowdfund #money #lgbt #queer #trans #transinneed #transmutualaid #lgbtqia2plus #lgbtq #lgbtqia #recovering #internallydisplaced #usa #help #fedihelp #helpplease #begpost #debtspiral #transrights #fucktrump #debtamnesty #debtactivists #donation #donations #donate #pleasedonate

  10. Today's food mutual aid request has been fulfilled (yay!)

    Now let's see how much of Atha's debts run up trying to survive we can pay off...

    The total debts are in the region of $50-60k if you include student loans.
    But the immediate needs (to avoid car repo and excessive credit card and overdraft fees) are more like $2000.

    What can we do to put a dent in that today?

    Paypal paypal.me/athamanatha
    Cashapp $athamanatha
    Venmo @Athamanatha
    Visa+ +Athamanatha.paypal
    Ko-Fi ko-fi.com/athakitsune
    Patreon (high fees) patreon.com/vulpinedesigns
    Multiple other methods on request by DM including Zelle, IBAN, Wise, ACH

    @mutualaid @thoughtpunks @anarchismhub

    #mutualaidrequest #mutualaid #queermutualaid #repo #car #loanpayments #overdraft #creditcard #helpplease #homeless #essentials #fuckcapitalism #debtrepayment #debts #currency #moneyhelp #unemployed #communesandconvoys #banks #paypal #fundraiser #fundraising #transcrowdfund #crowdfund #money #lgbt #queer #trans #transinneed #transmutualaid #lgbtqia2plus #lgbtq #lgbtqia #recovering #internallydisplaced #usa #help #fedihelp #helpplease #begpost #debtspiral #transrights #fucktrump #debtamnesty #debtactivists #donation #donations #donate #pleasedonate

  11. Under President Joe #Biden, the agency had sought to cap #CreditCard late #fees at $8 & #overdraft fees at $5. The #Trump admin's move to end those policies should together cost #consumers $15 billion a year, according to the statement.

    The dismissal of 22 enforcement cases that were pending when Biden left office in Jan — including actions against JP Morgan Chase, Bank of America, Wells Fargo & Capital One — involved more than $3 billion in alleged harm to consumers.

  12. My #Bank, ages ago, "sold" me #VisaDebit card by telling me that with it and the other services they offered #Overdraft was impossible. I believed them. It made sense that the bank would make sure that I simply couldn't spend more than what I actually had.

    I was quite surprised when it happened the first time, and ever since I've tried to stay aware of how much I have on my account. Somehow there is a form of payment that somehow bypasses my bank's ability to prevent overdraft. Makes no sense, but apparently that is a thing. I still have no clue how or why it happened.

    Despite their assurances the overdraft was somehow my fault, so I had to pay the fee that was bigger than the actual overdraft.

  13. #Biden has worked to limit prices for #PrescriptionDrugs like insulin & inhalers, rein in #bank #overdraft & #creditcard fees & make airline #travel cheaper & more transparent, achievements that he often discusses on the campaign trail.

    “We’re taking on #corporate #greed to bring down the #price of gas, food & rent, eliminating junk fees,” #POTUS told a crowd of cheering supporters in Philadelphia last week.

    #Greedflation #economy

  14. Is #WellsFargo Charging Unfair #Overdraft #Fees?

    classaction.org/unfair-overdra

    What’s Going On?
    Attorneys working with ClassAction.org have reason to believe that charging multiple #overdraftfees on #checks and #autopayments that are declined again after being reprocessed for payment may be #illegal. They’re now gathering @wellsfargo #customers who’ve had this happen to take #legalaction.

  15. @jalefkowit
    A dozen or so years ago a small #overdraft on my #WellsFargo account triggered a cascade of #OverdraftFees totaling over $600 - all for small transactions I thought were covered... except for that one oversight. I begged for mercy and they told me to take a hike. I was so mad I took them to small claims court. They didn't even show up for the hearing, so I got all of my money back plus the court filing fee.
    #justice

  16. "On Wednesday the Consumer #Financial Protection Bureau announced a proposed rule for bank overdraft #fees at #banks that have more than $10 bil. in assets.

    While the average overdraft is $26.61, some banks charge as much as $39 per #overdraft. The #CFPB estimates that in the past 20 years, banks have collected more than $280 billion in #overdraftfees. (One bank’s chief executive officer named his boat 'Overdraft.')"

    #banking #regulation #fees #biden #chevrondoctrine

    heathercoxrichardson.substack.

  17. Of all the low down scummy #bank #fees, I think I hate the NSF fee the absolute worst.

    Back in the day, it made sense when electronic transactions didn't exist and while cheques could be routed electronically due to their routing number, a human still had to process it. There was cost associated with the bounce.

    But $48 for dipping $2 into #overdraft on a $15 purchase these days? Cmon. It costs the bank *nothing* (ok a few electrons of server power). The true definition of a #tax on the #poor.

  18. Wells Fargo agrees to $3.7 billion settlement with Consumer Financial Protection Bureau over consumer abuses tied to #mortgages, #AutoLoans and #overdraft fees.

    The bank said fourth-quarter expenses would include a $3.5 billion operating loss, or $2.8 billion after taxes, from the incremental costs of the CFPB civil penalty and customer remediation efforts, as well as other legal matters.

    #WellsFargo #CFPB
    cnbc.com/2022/12/20/wells-farg

  19. Wells Fargo agrees to $3.7 billion settlement with Consumer Financial Protection Bureau over consumer abuses tied to #mortgages, #AutoLoans and #overdraft fees.

    The bank said fourth-quarter expenses would include a $3.5 billion operating loss, or $2.8 billion after taxes, from the incremental costs of the CFPB civil penalty and customer remediation efforts, as well as other legal matters.

    #WellsFargo #CFPB
    cnbc.com/2022/12/20/wells-farg

  20. Wells Fargo agrees to $3.7 billion settlement with Consumer Financial Protection Bureau over consumer abuses tied to #mortgages, #AutoLoans and #overdraft fees.

    The bank said fourth-quarter expenses would include a $3.5 billion operating loss, or $2.8 billion after taxes, from the incremental costs of the CFPB civil penalty and customer remediation efforts, as well as other legal matters.

    #WellsFargo #CFPB
    cnbc.com/2022/12/20/wells-farg

  21. Wells Fargo agrees to $3.7 billion settlement with Consumer Financial Protection Bureau over consumer abuses tied to #mortgages, #AutoLoans and #overdraft fees.

    The bank said fourth-quarter expenses would include a $3.5 billion operating loss, or $2.8 billion after taxes, from the incremental costs of the CFPB civil penalty and customer remediation efforts, as well as other legal matters.

    #WellsFargo #CFPB
    cnbc.com/2022/12/20/wells-farg

  22. #PSA to all my #Kiwi peepz:

    1. #ANZ #Bank allowed my 13 year old son to acquire a Visa Debit card without our permission.

    2. They allowed him to spend an extra $500 beyond a $0 balance, putting his account into #overdraft, when the account had no overdraft facility.

    3. They allowed him to pre authorize a $5500 payment to #Apple to purchase a top end #iPad and accessories.

    Double check if you or anyone you know has kids!

    When the bank goes into maintenance overnight or on weekends, they automatically allow pre authorization by Visa on all transactions, regardless of size. If the purchase is pre authorized, the bank refuses to cancel the payment, and will forcefully honor the purchase, pushing the account into overdraft. Confirmed by the bank verbally.