When you open a new checking account, you'll have the option to sign up for overdraft protection. Bank representatives often tout the service as a way to keep your account balance from going into the ...

Whenever you withdraw more money than you have in your checking account, you may be subject to overdraft fees. Overdrawing your account can be costly if you perform multiple transactions per day.

Learn about the financial consequences of overdrawing your checking account and discover strategies to avoid costly overdraft fees and account closures.

If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

Have you ever written a check for an amount you didn’t have in your account and incurred a fee? Or have you ever been embarrassed by a declined debit card transaction? If the answer’s yes, you’ve had ...

Paycheck to paycheck is a stressful way to live. Many Americans claim they have too much “month at the end of their paychecks,”and unfortunately, they’re not alone. According to a CareerBuilder survey ...

A bad check is one drawn on a nonexistent account or with insufficient funds. Learn about potential legal consequences and ...

You’re out to dinner at a steakhouse with friends; you’ve been waiting for this meal all day and you’re hungry. You see the calorie counts and prices on the menu and prepare to indulge and splurge.

No one wants to suffer the embarrassment of a returned check or declined debit transaction, but a government bureau suggests that the ills of overdraft protection may be even more painful. The ...