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Monday, July 13, 2009

Consumers Feeling the Pinch of New Banking Fees

The Center for Economic and Entrepreneurial Literacy is offering timely tips to avoid bank fees from overdrawn checking accounts.

The federal government estimates that U.S. banks will collect more than $38 billion in fees this year from consumers who overdraw their checking accounts, the center warns. Banks will collect billions more from other account penalties, including credit card late fees, according to the group.

Follow the link below to learn more:

Consumers Feeling the Pinch of New Banking Fees

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