Payday Loans vs. your Bank Overdraft Protection Plan
by Don Sorensen
by
Don Sorensen
Your bank has probably tried to sell you on its overdraft protection plan, which covers you if you overdraw your checking account. It seems like a great service, until you dig a little deeper and find out the true cost of the program.First, you have to recognize this service for what it is. Whether your bank calls it overdraft privilege, courtesy overdraft, or bounce protection, it
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