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Congress must stop banks and credit unions from driving up overdraft fees through unfair practices.

Write your representative today.

Unauthorized overdrafts cost Americans $17.5 billion per year, driving many unsuspecting consumers into the red and burdening low-income working people, young consumers and other vulnerable Americans with overwhelming fees.

Gone are the days when an overdraft fee was a moderate disincentive to keep consumers from chronically overdrawing their accounts.

Now some banks and credit unions are deceptively increasing the number of fees charged through manipulations like clearing the highest debits first, no matter the order in which the transactions were made. This serves to increase the number of $35 fees they can charge

Dysfunctional overdraft practices are out of control, and are costing hardworking people big chunks of their hard-earned income.

Congress will soon consider going further than the Fed and making real reforms to banking laws. Representative Carolyn Maloney (D-NY) and other members of Congress have recognized the need to stop banks and credit unions from taking advantage of people, many of whom are living paycheck-to-paycheck. Give them your support.