Tag Archive | "New Laws"

New Bank Rules Require Customer “Opt-In” to Overdraft Protection

Friday, August 27, 2010

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New Bank Rules Require Customer “Opt-In” to Overdraft Protection

You might have noticed that your bank has been bothering you lately with letters, emails, and calls asking you to join their overdraft protection program. You might have thought that most accounts already have overdraft protection. Up until now, they did, but according to new U.S. laws taking effect this summer, banks have to get […]

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