On November 12, 2009, The Federal Reserve ordered banks to charge no overdraft fees without a pre-arranged, written contract establishing the consent of the consumer. This is great news for consumers who have seen overdraft fees range from $10 to $38, with the median rate at $27 dollars, according to a 2008 study by the Federal Deposit Insurance Corp. Nevertheless, many of us find ourselves locked in a situation where ridiculous overdraft fees are still a reality.
What do you do when you realize that you won't be able to make it to your next paycheck without going under the red line? This can be an incredibly stressful situation to encounter.
We believe the answer is simple.
Payday loans exist for people who are in your situation. Simply go online, complete the application process, and receive your money the following day. You deserve options! Don't let a bank take your money for situations that are beyond your control.
Apply today!
