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Why is it important to balance bank accounts?
overdraft protection is now the consumer's choice.
Check cashing services charge hefty fees for cashing paychecks.
It isn't legal for companies to require employees to use direct deposit.
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
All of these choices
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
you
service offered by banks for a point of sale transaction. It replaces both cash and checks.
The Federal Reserve has recently added new rules pertaining to Debit Cards. One of the new rules is that:
overdraft protection is now the consumer's choice.
Check cashing services charge hefty fees for cashing paychecks.
It isn't legal for companies to require employees to use direct deposit.
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
All of these choices
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
you
service offered by banks for a point of sale transaction. It replaces both cash and checks.
Overdraft service is:
overdraft protection is now the consumer's choice.
Check cashing services charge hefty fees for cashing paychecks.
It isn't legal for companies to require employees to use direct deposit.
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
All of these choices
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
you
service offered by banks for a point of sale transaction. It replaces both cash and checks.
Ultimately, who is responsible for your financial decisions?
overdraft protection is now the consumer's choice.
Check cashing services charge hefty fees for cashing paychecks.
It isn't legal for companies to require employees to use direct deposit.
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
All of these choices
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
you
service offered by banks for a point of sale transaction. It replaces both cash and checks.
Which of the following statements concerning a bank savings account is false?
overdraft protection is now the consumer's choice.
Check cashing services charge hefty fees for cashing paychecks.
It isn't legal for companies to require employees to use direct deposit.
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
All of these choices
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
you
service offered by banks for a point of sale transaction. It replaces both cash and checks.
Which of the following statements concerning direct deposit is false?
overdraft protection is now the consumer's choice.
Check cashing services charge hefty fees for cashing paychecks.
It isn't legal for companies to require employees to use direct deposit.
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
All of these choices
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
you
service offered by banks for a point of sale transaction. It replaces both cash and checks.
Which of the following is true of check-cashing services?
overdraft protection is now the consumer's choice.
Check cashing services charge hefty fees for cashing paychecks.
It isn't legal for companies to require employees to use direct deposit.
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
All of these choices
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
you
service offered by banks for a point of sale transaction. It replaces both cash and checks.
A debit card is a:
overdraft protection is now the consumer's choice.
Check cashing services charge hefty fees for cashing paychecks.
It isn't legal for companies to require employees to use direct deposit.
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
All of these choices
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
you
service offered by banks for a point of sale transaction. It replaces both cash and checks.
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