The limit is not a line of credit, but it allows the customer to overdraw the account for a fee of about $ 20 up to $ 35 for each transaction.
32.
At least 1, 000 banks are encouraging customers with low balances to overdraw their checking accounts, allowing the banks to skirt credit laws and collect billions of dollars in new fees.
33.
The banks say the programs, which cover checks that would otherwise bounce and even allow people to overdraw their accounts with ATM and debit cards, are a service to their customers.
34.
"The only value judgment we make is whether or not we get paid back, " Powell said . " It's a choice the consumer makes whether or not to overdraw.
35.
"It's good to look at these two women leaders as symbols but we should not overdraw or expect too much from this, " said political analyst Nelson Navarro.
36.
"Some people open free checking accounts and don't realize there are fees involved if you overdraw, " said Eugene Lucci, vice president for deposit products at the bank.
37.
Demetz, professor emeritus of German and comparative literature at Yale, makes no effort to impose a unitary interpretation on Brescia, nor does he overdraw its importance in the minds of the writers present.
38.
While a good number of readers agree with me that these " overdraft privilege " programs are potentially deceptive and predatory, other readers believe consumers who overdraw their checking accounts deserve to get whacked by banks.
39.
She may overdraw her account : " With the size of my mortgage at the moment, I'm afraid I'm looking at another 50 years in this business, " says one.
40.
In effect, bounce protection " sets you up to overdraw when you don't know you're overdrawing, " Hillebrand said . " It's a very expensive way to borrow money ."