I'm only posting this because it was a topic on the old board, and there was some disagreement over whether banks- specifically BoA- were really being fraudulent in their policies or whether or not people were just being irresponsible. Looks like there was a class action lawsuit over this, and this isn't the first, there was also one in 1999 and 2005 that BoA also lost. So its not in our imaginations!!!
I suggest everyone pay attention and try to get in on the next lawsuit if need be! I wish I had known abuot this myself because they got me for $350 and all I could do was be mad about it and close my account.
http://www.clossonsettlement.com/
http://www.wsbtv.com/video/19761656/index.html
What happened to the lady in the video is exactly what happened to me! They reordered my purchases so the one that overdrew the account would go first, thus bouncing every single purchase thereafter. So instead of owing $35, I would then owe $350!
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