To: President Donald Trump
KEEP OUR MONEY $2 RULE
STOP all banks, credit unions, or paycheck processors from charging late fees, overdraft fees, service fees or ANY amount on ANY account for ANY reason more than a $2.00 monthly limit – applicable to federal monthly deposits $2500 or less.
Why is this important?
Hungry, a man used his debit card for fast food. EACH triggered a $40 overdraft fee PLUS $7 a day until the next month's check was deposited. Hospitalized with a stroke; when he got out, over $500 had been taken OUT of his next Federal check. He could not pay his bills nor his rent. Asking the bank for an adjustment, they said NO, the fees were policy. Period.
STOPPING this crazy larceny means people relying on Federal monthly stipends could Keep and Spend MORE of THEIR OWN MONEY!
STOPPING this crazy larceny means people relying on Federal monthly stipends could Keep and Spend MORE of THEIR OWN MONEY!