8 Mar, 2019 → by ClaimboUser399585
Opted into a bounce protection without enrolling
1
With the transition from Wellsfargo to Flagstar, I believe they enrolled me automatically into overdraft protection without my consent. When there was a mistake with a linked paypal account, they started charging me overdraft fees instead of declining the charge. what would have been approximately 25$ in declined charges, now I over almost 200$. https://www.nerdwallet.com/blog/banking/banking-basics/faq-overdraft-protection-law-overdraft-fees/ I believe I was illegally signed up for this during the transition.