JP Morgan Chase, Wells Fargo and Bank of America -- raked in an astonishing $6.4 billion in overdraft fees alone last year. Stop a moment and think about that: Each overdraft, on average, costs customers $35, an amount that gets multiplied with each subsequent purchase no matter how small. We"re talking about the world"s most bloated financial giants growing even fatter and richer off the backs of people who are already broke, by charging them additional fees for money they already lack. Specifically in 2017, that meant about 183 million charges of $35.
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