Multiple Choice
Which of the following is a true statement about overdraft protection?
A) Overdraft protection is an inexpensive form of short-term credit.
B) Your bank may charge you for having overdraft protection even if you don't use it.
C) Overdraft fees are already included in your regular monthly bank fees.
D) Overdraft interest may be as high as 29% compounded daily.
Correct Answer:
Verified
Correct Answer:
Verified
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