I don't mind paying overdraft charges. It's great actually.
When I am down to $14 bucks and some change in my checking according to the Display at the ATM, and an hour and a half from home to see my youngest daughter's play and knowing I get paid tomorrow. It is quite convienient for me to withdraw $200 so I can take her, my other daughter and their friend out to dinner to celebrate a job well done in the play. I know that is going to be $37.50 overdraft to borrow that $200 for that 12 hour time period until my direct deposit occurrs.
I looked at the situation and thought, $37.50 is a small price to pay in a crunch to spend some Q.T. with such wonderful daughters; they are worth it .
Afterward, we drove their friend home, and then headed back to their home (moms). Said goodnight, I got my kisses and some grateful thanks making it. They know how hard it is for me. They make the drive with me every other weekend. Ahhhhh being a dad!
I am willing/happy to pay Huntington $37.50 overdraft fee for allowing me access to borrow $200 for that evening. I mean, I am not sure but anyone giving out loans and making that much in return would do well...right?
"...let's put that $200 at the top of the list in front of the fill up at Exxon Mobile for $33.59 two days prior, $25.48 at Giant Eagle the day before, $7.72 Taco Bell earlier that afternoon, Tim Hortons breakfast that morning for $6.95, and the $1.50 Tim Hortons for the coffee for the drive up to the play...I mean...it is gonna be a late night. I know that those purchases were from a positive balance but if we do that...Cha-Ching!!! $37.50 + $37.50 + $37.50 + $37.50 + $37.50 = $187.50. No, no, no...that is wrong thinking and you have so much to learn about this business...sure this patron only made 5 purchases totalling $75.24. But he is gonna pay us $187.50...isn't that beautiful...that, people, is how you make a kill'n in this business..."
Of course, that is made up...they didn't know I was tired and really needed that cup of coffee to make that drive. Or that I live 75 miles south of my daughters so that I can afford to support them and pay over $1000 month in child support, not counting what I spend on them. This was all done by a stupid computer that has no feelings and compasion other than what a group of directors decide to pass along to an IT Manager who passes along to a developer to sort by amount decending as opposed to transaction date ascending!