FED: "Banks Need Customer Consent on Overdraft Fees"

[Sammich]

No sir. It's still up to you to know how much is in your account, regardless of how fast/slow the bank processes it. You should always go by your registry. Don't rely on looking online at your account. If you keep a clear and up -to-the-minute check register in your checkbook, then as soon as you write that check, you enter it in the register. That way, you know your balance before the bank does. And you always go by that checkbook balance. See what I'm saying? Later, QD.

I DO, BUT I'M ONE OF THOSE THAT HATE PAPERWORK AND DO IT ALL IN MY HEAD, WHICH I'VE DONE QUITE WELL THIS YEAR, EVEN EXPECTING WHEN I'M GONA OVERDRAFT. WHICH IS SHY I SAID THAT, WHEN I COMPUTED THINGS IN MY HEAD AND I'M SITTING THERE WAITING FOR IT TO CLEAR, IT SEEMS TO TAKE ITS SLOW TIME. I CAN GO IN ASK THEM WHAT THE DEAL IS, THEY GIVE ME SOME HUMDRUM EXCUSE THAT MAKES NO SENSE, BUT WHEN IT COMES TIME FOR THAT MONEY TO COME OUT AND I OVERDRAFT, THEY ARE NOT WILLING TO WORK WITH ME SEEING AS THOUGH I CAME IN AND SHOWED CONCERN ABOUT SOMETHING THAT HAS YET TO CLEAR, SEE WHERE I'M COMING FROM?

[quickdodge®]

SEE WHERE I'M COMING FROM?

In a way, I do. About five years ago, I would have totally seen where you come from. It took me a long time to take the time to figure out the simpler things in money management. I made multiple overdrafts all the time. I didn't keep track of my money right. I did the "keep it in my head" routine and it almost always backfired. Taking the time to do the paperwork does seem to be a hassle, but I think, in the end, that 30 seconds it takes to jot down that ATM withdraw or that check purchase is definitely worth keeping the $30-40 that would come out of your account for overdrafting. Later, QD.

[Sammich]

In a way, I do. About five years ago, I would have totally seen where you come from. It took me a long time to take the time to figure out the simpler things in money management. I made multiple overdrafts all the time. I didn't keep track of my money right. I did the "keep it in my head" routine and it almost always backfired. Taking the time to do the paperwork does seem to be a hassle, but I think, in the end, that 30 seconds it takes to jot down that ATM withdraw or that check purchase is definitely worth keeping the $30-40 that would come out of your account for overdrafting. Later, QD.

I'LL AGREE...SOONER OR LATER, I'LL STOP BEING LAZY AND START DOING PAPER WORK..PROBABLY LATER, LOOKING AT MY TRACK RECORD