YouTube: https://youtube.com/watch?v=pU8WSAywnIA
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View count:51,038
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Duration:04:05
Uploaded:2018-02-01
Last sync:2024-10-22 19:00
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Broke Millennial breaks down some truly awful bank practices you probably don’t even know are happening, in part 1 of a 2 part video about how to use your bank account better.

Deposit hold:
https://www.consumerfinance.gov/ask-cfpb/how-quickly-can-i-get-money-after-i-deposit-a-check-into-my-checking-account-what-is-a-deposit-hold-en-1023/

Expedited Funds Availability Act (EFAA), enacted in 1987, addresses the issue of delayed availability of funds by banks.
https://www.federalreserve.gov/bankinforeg/regcccg.htm

Fraudulent charges:
https://www.nolo.com/legal-encyclopedia/unauthorized-credit-debit-card-charges-29654.html

The Financial Diet site:
http://www.thefinancialdiet.com

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