Sunday, January 15, 2012

Beware of debit card drafts

Checking account get hijacked. Apparently, overseas scammers gained access to his account information because he used a debit card to pay charges on a video game system account. Next thing he knew, money had vanished from his account at a credit union, and because that account no longer contained the funds it should have, my friend was hit with multiple overdraft fees. To make matters worse, he was told he would have to pay additional fees to block some regularly scheduled Automated Clearing House (ACH) transactions that would have further overdrawn his account. *** Beware of debit drafts The Post and Courier, Charleston SC - News, Sports, Entertainment

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