Page 10 - Overdraft Protection News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> for those who might be concerned about this big money raised, the governor points out they are fund-raising guidelines strictly put in place why pr where they don't accept money from political action committees and federal lobbyists. >> dan lothian this morning, thanks. if you don't have enough money you may be hit with hefty overdraft fees. what you need to know if you want overdraft protection. 20 minutes after the hour.

Embarrassment at the checkout, keep track of your money, tony. now, you can still opt in for overdraft protection, but you must call your bank. though chances are, they'll probably find a way to let you know that you can opt in, because overdraft fees are big money-maker. just how big? well, banks charge $37 billion last year with the median overdraft fee, $26. so analysts are predicting that, you know, banks are to make up this money somewhere. could they be coming up with new fees, or could it be the end of free checking, tony? >> well, patricia, are there any other options out there to help...

Time to check our top stories. in california, police are investigating a crash that killed eight spectators in an off-road race in san bernardino county. this was a truck barrelling into the crowd that was gathered along the course there. six people died at the scene. two others died later at the hospital. several more were injured. and veteran actress zsa zsa gabor is in bad shape. perfect publicist says shed is her husband to call a priest to her hospital bedside. the 93ier old hungarian born actress went back into the hospital friday to have a blood clot removed. she has been hospitalized...

New bank rule dpos into effect that could affect your wallet. they ban banks from automatically enrolling you in overdraft protection. americans racked up $37 billion in overdraft fees last year but under new rules banks need to get your permission up front before charge your account an overdraft fee for a wayward atm withdrawal or debit card purchase. well, many customers are choosing not to opt in. they'd rather risk having their cards declined than face the fee. the borough of new york is called the ground. one community called jamaica has seen more mortgage fraud than any place in the na...

Customer when you went to open your account they would ask you are you opting in or out. so this is the thing. if you have not opted in when you go to the register, if you don't have the money you will be denied. >> how do you opt in? do you have to go in can you call? do it on-line? >> you can do any of the above. it depends on the banks. most are allowing you to sign up on-line or over the phone they would love for you to come in, they love when you go in and talk to them. do that if you really want it. be aware of the danger of having that overdraft protection which is, if you don't often h...