States Shortchange The Unemployed With Junk Debit Card Fees: Study

by mistermunster Wed May 11, 2011 8:45 pm

http://www.huffingtonpost.com/2011/05/11/states-shortchange-the-un_n_860606.html

by Falcon7 Wed May 11, 2011 8:58 pm

F'n Pathetic!
Banks pay hardly any interest on our checking/savings, CD accounts ect. (and it has been dropping almost monthly during this depression, this is to boost Wall Street (the rich) of course). And they do this underhanded BS! And yet we bailed out these F'n Banksters!

by jmainframe Thu May 12, 2011 3:31 am

Just more evidence of the troubled times which we live in! And our corrupt "representatives" are in bed with these greedy corporations, so we have no voice in congress either.

by MoInSTL Thu May 12, 2011 1:14 pm

I tried and tried to track down who was behind this in my state. My state senator's aide blew it off. It's the state senate and representatives, not the feds. Every time I transferred funds to my checking account to pay some bills that didn't have a web site to pay (like car insurance) I was hit with a $1.25 bank fee. It added up and pissed me off every time.

by Guest Thu May 12, 2011 4:06 pm

RI uses Chase. There are no Chase banks in the state. Every time you made a withdrawal from an ATM it was at least 3 or 4 dollars in withdrawal fees. You wouldn't dare use an ATM to get your balance because the same fees applied. Telephone charges were fifty cents an inquiry.

RI still uses Chase, don't know what the fees are now, but somebody is getting rich and it isn't the 11% unemployed population of the state.

by **Jobless_in_Ma** Thu May 12, 2011 4:10 pm

DesperateInRI wrote:RI uses Chase. There are no Chase banks in the state. Every time you made a withdrawal from an ATM it was at least 3 or 4 dollars in withdrawal fees. You wouldn't dare use an ATM to get your balance because the same fees applied. Telephone charges were fifty cents an inquiry.

RI still uses Chase, don't know what the fees are now, but somebody is getting rich and it isn't the 11% unemployed population of the state.

That is absolutely absurd!

by lendmeflight2 Fri May 13, 2011 12:15 am

My dad ran into this problem when he was on unemployment. He went to a checkpoint ATM and they didn't charge him anything. He withdraw his full amount every month in one go.

I hate how the corporate interests take advantage of the poor.