What Is Misleading About The Term “Overdraft Protection”? A Misleading Safety Net?

What Is Misleading About The Term “Overdraft Protection”?

The term “overdraft protection” conjures up an image of a financial safety net, ready to catch consumers as they teeter on the brink of a financial faux pas. It suggests a service meticulously designed to shield account holders from the embarrassment of a declined card or the inconvenience of a missed payment. However, beneath the … Read more