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Published May 07, 2012, 05:33 PM

Overdraft fees still surprise consumers, survey finds

PHILADELPHIA - Nearly two years after the Federal Reserve began requiring banks to get customers’ permission before subjecting them to controversial overdraft practices, many account-holders are still surprised when they are charged overdraft fees for debit-card purchases or ATM withdrawals that could simply have been declined, says a new study financed by the Pew Charitable Trusts.

By: The Philadelphia Inquirer, INFORUM

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