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I used the poor to defeat the poor (lemmy.world)

submitted 11 months ago by Stamets to c/[email protected]

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[–] [email protected] 5 points 11 months ago (1 children)

The problem is that it is being used as a profit center for banks on people who don't have a lot of money. They've also found cases where some banks will prioritize withdrawals over deposits independent of dates to drive up overdraft fees.

[–] sturmblast 1 points 11 months ago

Sure, that's fair. But spending beyond your means is also providing them an opportunity to capitalize on the offenders