Court upholds $12K bank overdraft fee

Full story: WOODTV.com

North Dakota's Supreme Court said a bank acted reasonably when it charged a customer almost $12,000 in overdraft fees.

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T Turner Since: Oct 08 383 Middlesex, NY	Reply » \| Report Abuse \| Judge it! \| #1 Sep 23, 2010 That's just plain ridiculous. I hate banks.
anthony bozeman Bedford, OH	Reply » \| Report Abuse \| Judge it! \| #2 Sep 23, 2010 Banks are greedy and have no sympathy for people unless you are rich.
pokerface Baltimore, MD	Reply » \| Report Abuse \| Judge it! \| #3 Sep 23, 2010 Judged: 1 1 yep
McGillicutty Honeysuckle Peoria, IL	Reply » \| Report Abuse \| Judge it! \| #4 Sep 23, 2010 Judged: 2 2 Oh yeah because it's the bank's fault this lady had 800+ overdrats give me a break
Selene Beau Pre “Knowledge Changes Perception” Since: Apr 10 2,206 In The Know	Reply » \| Report Abuse \| Judge it! \| #5 Sep 24, 2010 Judged: 1 McGillicutty Honeysuckle wrote: Oh yeah because it's the bank's fault this lady had 800+ overdrats give me a break Most banks decline the transaction long before it's that out of control...
Neville Thompson “The Lion Roars” Since: May 10 16,178 Druiding at Stonehenge	Reply » \| Report Abuse \| Judge it! \| #6 Sep 24, 2010 Judged: 1 I am wondering if the judge has a financial or some other relationship with the bank.
Andie J “Snow days!” Since: Nov 08 17,589 A winter wonderland	Reply » \| Report Abuse \| Judge it! \| #7 Sep 24, 2010 Judged: 1 Selene Beau Pre wrote: <quoted text> Most banks decline the transaction long before it's that out of control... I agree. I can't understand why they allowed the overdraft to get so out of control. It's a case of caveat emptor- buyer beware. The customer knew the banks terms & by using the account, accepted them.
tallyho “ Je T'AIME” Since: Jan 08 42,342 Location hidden	Reply » \| Report Abuse \| Judge it! \| #8 Sep 24, 2010 she has 842 over-drafts and you think the bank is greedy , Court records said from January 2004 until June 2008, Cavett was charged 842 overdraft fees. They varied according to the overdraft amount. The bank charged $100 a day for carrying an overdraft greater than $10,000. time to see the real world
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