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Sep 23, 2010 | Posted by: roboblogger

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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Since: Oct 08

Middlesex, NY

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Judge it!
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#1
Sep 23, 2010
 
That's just plain ridiculous. I hate banks.
anthony bozeman

Bedford, OH

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#2
Sep 23, 2010
 
Banks are greedy and have no sympathy for people unless you are rich.
pokerface

Baltimore, MD

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#3
Sep 23, 2010
 

Judged:

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1

yep
McGillicutty Honeysuckle

Peoria, IL

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#4
Sep 23, 2010
 

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Oh yeah because it's the bank's fault this lady had 800+ overdrats

give me a break

“Knowledge Changes Perception”

Since: Apr 10

In The Know

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#5
Sep 24, 2010
 

Judged:

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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...

“The Lion Roars”

Since: May 10

Druiding at Stonehenge

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#6
Sep 24, 2010
 

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I am wondering if the judge has a financial or some other relationship with the bank.

“Snow days!”

Since: Nov 08

A winter wonderland

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#7
Sep 24, 2010
 

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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.

“ Je T'AIME”

Since: Jan 08

Location hidden

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#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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