overdraft fees on pending transactions Archives

Debit resequencing – is it legal?

The ‘80s band, Simply Red, sang that “money’s too tight to mention” – which is as true now as it was 30 years ago. Especially with the financial knock of the Covid-19 pandemic, every penny...

Can your bank charge you overdraft fees on pending transactions?

According to a MarketWatch report based on data collected from Moebs Services, consumers pay an estimated $34 billion in overdraft fees every year. Unfortunately, the reality is that banks and financial institutions are racking up much of...

Trends in Overdraft Fee and NSF Litigation

Many customers of financial institutions, whether banks or credit unions, are charged overdraft fees on pending transactions. Customers are now seeking to get their hard-earned money back by filing an overdraft fees lawsuit, as they...