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It's Up To US Consumers To Get Bank Fees Back
 
Tuesday, July 15th, 2008  by Connie T.


We've told you before: commercial banks such around $33 to $37 per failed transaction from consumers in overdraft fees, on top of negative balance fees per day. Banks also utilize unjust practices such as applying charges from highest to lowest (instead of the order in which purchases were made), legally holding deposited check(s) without reason, and displaying different balances between ATM receipts and internet account ledgers.

In the midst of an economic downturn, with foreclosures running amuck and bankruptcy laws that no longer free Americans from debt, these unfair bank practices must be stopped.

But who has the power to change it? You do, that's who.

Last year, consumers in Britain challenged Britain's financial institutions against overdraft, bounced check, and borrowing fees. The Independent site began a campaign for the customers, and the 3.8 million Britain citizens got the equivalent of about 5 billion dollars returned to them by the banks.

ConnieTalk has started the same campaign for U.S. consumers, and we're not stopping until we make a difference.


Whether or not you have been a victim of bank fee(s), please take action. Imagine a family balancing their account to the last dollar, and having their groceries post before their electric bill, sending them into a tailspin of debt from which they cannot recover. This is our economy. Our struggling citizens need this money, not the big banks and their CEO's. All you have to do is sign, and please pass it on. Digg it, StumbleUpon it, e-mail it...get as many signatures as possible and let's not stop until our voices cannot be ignored.

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