New Cases & Investigations

Unjustified Bank Overdraft Charges

Some banks appear to be unfairly accounting for when customer deposits and disbursements actually occurred in an account in order to maximize bank overdraft fees they charge their customers.  Instead of sorting your transactions chronologically, by the actual date/time they occurred, some banks reorder your transactions from highest dollar amount to lowest dollar amount, and post the highest disbursement amounts first.  By reordering this way, banks make your account overdraw sooner, which results in the bank charging more overdraft fees than you otherwise would have incurred had the bank processed the transactions in chronological order.

If you believe you have been subjected to similar unfair overdraft practices, please contact us to discuss your rights.

 

 

Krislov Law

20 North Wacker Drive, Suite 1300
Chicago, IL 60606

Toll Free:  855.263.3025

Tel: 312.606.0500 | Fax: 312.739.1098
Email: mail@krislovlaw.com

Photography by Ian Korer