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My brother, a university student, got trapped in the overdraft scheme. This bank, TCF Bank, encourages students to sign up during orientation. My brother decided to sign up and deposited a small sum of money. Not realizing there exists an overdraft fee, he continues to buy things thinking the bank will prevent a transaction if his balance hits 0. He didn't realize his until letters from debt collectors came in the mail asking for $300! He tried with multiple TCF branches to try and reduce this amount, but no one budged. He got screwed!

What did he purchase to have to owe $300? He frequently buys $0.50 candy and $1 chips... at $30 per overdraft... yeah




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