:amerikkka: :death
Austerity is violence.
It’s not much, but it would suck if I overdrafted my BoA account after opening one at another bank.
don’t they charge a ton of fees? I’d do whatever I could to switch to a credit union or something that doesn’t charge bullshit fees for literally everything.
You could just close the account before it went negative, then walk away and never answer their calls.
Source: hypothetical, of course.
they will hit you with low balance fees and then NSF fees afterwards. I think you have to ask them to close the account then wait for them to eventually mail you a check. :this-is-fine:
reading bank fee schedules gives me hives.
- Interest rates go way down
- House prices go way up until a mortgage payment is the same as it was with higher interest rates
- Banks lend tremendous money and take houses as collateral
- Interest rates go way up
- Mortgage payments have to be much higher unless house prices go down
- Wages go down?
- Nobody can buy houses?
- Banks foreclose en masse?
- Banks have houses on their books that they can’t sell at anywhere near the price they lent money for?
- Everything is insolvent?
- Oh yeah it’s bailout time 🤪
not only that, it is also responsible for creating (or exacerbating) economic crises in countries like Sri Lanka, Pakistan etc
