Reply #11: Wow. Much appreciated good news. [View All]

[Withywindle]

Everytime a thread comes up about this on DU, you always get some bootstrapper assholes saying, "Well, it's not so hard to balance a checkbook, personal responsibility, yap yap yap..."

Not willing to even hear it when people speak up about how banks will HOLD deposits until after a whole bunch of penny-ante ATM charges that WOULD have been covered by the check, go through, to justify charging the person $35 on every single one of them, which adds up FAST to maybe a couple hundred dollars that's pocket change to a wealthy person but catastrophic to someone struggling. How banks sometimes put a totally ridiculous hold on funds above and beyond the amount charged, again, so as to have an excuse to charge people fees.

Obviously, this hurts the working poor the most. If you're just barely getting by and have a job, enough that you can barely afford a bank account, and have to monitor it carefully, they WILL find an excuse to stick their hands in your pockets and take what little you have. It's a lower-middle-class/working-class/working-poor version of the Poor Tax that really destitute people have known about for years and years.