Call your bank and tell them you don’t want the “protection”. It’s literally a service they provide “for your benefit”. Tell 'em no.
FFS, the very Consumer Financial Protection Bureau Biden is invoking made it mandatory for banks to offer the “no” option. Use it.
And $3 sounds totally fair. The bank, having given you a loan, deserves a bit of take on that. Loaning money for profit is kinda what they do for a living.
And if anyone really hates banks, like I do, go to a credit union. Many have been open to the general public for decades. They’re about as close to socialism as finance gets. Use them.
Amen to the credit union - that’s where I pay all of my bills from. Much prefer having my money parked in a place where it’s a non-profit and its wealth is solely because of its customers.
One of these days I really need to get my ass in gear and switch to a credit union. I keep balking at the work to change over direct deposits, various transfers, and ACH payments for bills and whatnot.
My bank has a setting that allows an auto-transfer from my savings account in the event of an overdraft in my checking. Or at least it did. They either removed the feature without saying anything or charge the fee anyway. Banks are predators.
Call your bank and tell them you don’t want the “protection”. It’s literally a service they provide “for your benefit”. Tell 'em no.
FFS, the very Consumer Financial Protection Bureau Biden is invoking made it mandatory for banks to offer the “no” option. Use it.
And $3 sounds totally fair. The bank, having given you a loan, deserves a bit of take on that. Loaning money for profit is kinda what they do for a living.
And if anyone really hates banks, like I do, go to a credit union. Many have been open to the general public for decades. They’re about as close to socialism as finance gets. Use them.
Amen to the credit union - that’s where I pay all of my bills from. Much prefer having my money parked in a place where it’s a non-profit and its wealth is solely because of its customers.
One of these days I really need to get my ass in gear and switch to a credit union. I keep balking at the work to change over direct deposits, various transfers, and ACH payments for bills and whatnot.
You know, you can just open the account, and slowly make the changes over time and as works for you.
My bank has a setting that allows an auto-transfer from my savings account in the event of an overdraft in my checking. Or at least it did. They either removed the feature without saying anything or charge the fee anyway. Banks are predators.