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Old 04-24-2011, 05:53 AM   #1
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Default New Regulation Offers Debt Help_2524

The Federal Reserve recently pushed aboard rules that ambition take efficacy in August disallowing banks from charging unreasonable fees because late payments alternatively surpassing their limits. In appending, the Federal Reserve announced that, beginning this summer, banks ambition not grant clients to cost extra than they have in their checking accounts, unless they have opted for a fee-based overdraft protection.
Overdraft fees are expensive and, while charged in tandem with bounced-check fees, tin be downright destructive. According to the Federal Deposit Insurance Commission (FDIC), overdraft fees scope from $10 to $38, with a centre of $27. The mean bounced check fee is $27.04, not to say late fees that tin be charged for late payments of bills because of not enough funds.
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New Regulation Offers Debt Help
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Old 04-24-2011, 06:26 AM   #2
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