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Banks need it /s (lemy.lol)

submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]

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Bluesky Post.

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[–] [email protected] 3 points 10 months ago* (last edited 10 months ago)

Because I would imagine that the banks don't want to give a small interest free loan in that scenario? With no collateral on a regular recurring basis that one day will never be paid off?

Not that I feel bad for the banks...

Note: I've turned overdraft off with every account I've ever used and I don't use Auto pay because you gotta be strategic sometimes.