Detailed text transcripts for TV channel - FOXNEWS - 20100620:15:20:00
Wells fargo, itself, thinks that it will probably lose $500 million a year when this change goes into effect. we have all done it. you haven't balanced your checkbook right or a check went through that you didn't know was going to go through. you use a debit card to charge cup of coffee and you're slapped with fees that could be $35 just for using that. so banks can no longer automatically use the overdraft fee. you have to actually go in and say yes, i'd like an overdraft program. and yes, you can charge me a fee. but, so far it looks like only about 25% surveyed think they will be able to, t...
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