Speak Out About Unfair Overdraft Fees

Speak Out About Unfair Overdraft Fees

The Issue

Until September 27th, one of the government agencies that oversees banks, the FDIC, wants to hear from you and the millions of others who think debit-card overdraft fees are unfair and costly.

Let the FDIC know that it should make banks do the following:

Actively contact customers who have had six debit-card based overdrafts within one year to let them know of lower-cost alternatives. Stop reordering the clearing of transactions to drive up fees.

Let the FDIC know what you think of unfair and abusive debit-card overdraft fees. 

 

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CENTER FOR RESPONSIBLE LENDINGPetition StarterThe Center for Responsible Lending is a nonprofit, non-partisan organization that works to protect homeownership and family wealth by fighting predatory lending practices. Our focus is on consumer lending: primarily mortgages, payday loans, credit cards, bank overdrafts and auto loans. Since we began in 2002, we have witnessed, studied, and fought against outrageous lending abuses that strip billions of dollars from American families.
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This petition had 141 supporters

The Issue

Until September 27th, one of the government agencies that oversees banks, the FDIC, wants to hear from you and the millions of others who think debit-card overdraft fees are unfair and costly.

Let the FDIC know that it should make banks do the following:

Actively contact customers who have had six debit-card based overdrafts within one year to let them know of lower-cost alternatives. Stop reordering the clearing of transactions to drive up fees.

Let the FDIC know what you think of unfair and abusive debit-card overdraft fees. 

 

avatar of the starter
CENTER FOR RESPONSIBLE LENDINGPetition StarterThe Center for Responsible Lending is a nonprofit, non-partisan organization that works to protect homeownership and family wealth by fighting predatory lending practices. Our focus is on consumer lending: primarily mortgages, payday loans, credit cards, bank overdrafts and auto loans. Since we began in 2002, we have witnessed, studied, and fought against outrageous lending abuses that strip billions of dollars from American families.
Media inquiries

The Decision Makers

Ms. Sheila Bair
Ms. Sheila Bair
Chairman, FDIC

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Petition created on September 13, 2010