Defend Your Dollars is the website of the Consumers Union Financial Services Campaign, where we support reforms to the financial marketplace to curb bad practices by banks and lenders.
Recently, we sent a letter to Wells Fargo calling on them to STOP automatically enrolling people into any kind overdraft program not just debit cards. This report features our buddy Ed from PIRG as well. The report ends with the banks saying "a surprising number of people have opted in to overdraft programs". Are they sure people meant to sign up?
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