How fitting is it that the banks now are dropping their overdraft fees in what we would call excessive and overwhelming to the client. Doesn’t matter what the fees were or will be, just note it was absurd that if you overdrew your account by $.01 they charged you roughly $35 bucks in fees. How absurd? Pity party for the financial institutions. What do they do to make up for that lost revenue- you guessed- it increase interest rates on credit cards. Well, we dont have to be a genius to think that if someone overdrew an account it could be 1 of 2 reasons 1. simple mistake 2. dont have money in their account (which then becomes a legal situation as you cant write a check if money isnt available) so,  lets stay with scenario 2. These individuals obviously will not be able to afford their credit card and now with 10% higher rates, I say who cares about the bank. Do what’s in your best interest Mr./Mrs. client– SETTLE YOUR DEBT. Contact SYD today at 866 364-9161