BofA overdraft charges

10-22-2001, 01:36 PM

pirsephone

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BofA overdraft charges

Is it legal for bofa to charge me $160.00 per day when I was overdrawn for three days?

I can't understand how that could possibly be legal?! They weren't having to cash additional checks, and obviously I wasn't increasing the amount of my overdraft by getting cash out--so, why isn't the overdraft charge a one time fee? Why do they get to charge me for each day that I'm overdrawn, but I have to wait a day before a check will even be credited to my account, which, by the time it's deposited will already be spent on the 160.00 overdraft fee! Help please!

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