When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

There may be nothing quite like the sting of being fined for not having enough money. Both checking accounts and savings accounts can sneak in and charge overdraft fees when you least expect them, so ...

An overdraft occurs when you write a check or initiate a debit card purchase, and your account doesn’t have enough money to cover the transaction. The bank will cover the difference to process the ...

Freedom Debt Relief explains that it's important to understand how overdraft works, what to do if your account is overdrawn, and how to avoid overdrafts in the future so that you can sidestep fees and ...