Overdraft Fees
topic on 2 shows · 4 statements across 4 episodes
A Product Market Fit Show 
the a16z Podcast
4 statements about Overdraft Fees, every show
Paycheck-to-paycheck Americans pay up to 80% of bank overdraft fees
“And then you start to see who's paying 80% or 75% of those fees, who's paying Is it people who've got 10,000 dollars in their bank account who just made a mistake and didn't transfer money from one place to the other? It's not. It's the hundred plus million Am…”
Horowitz: Low-income banked Americans spend more on overdraft fees than vegetables
“If you're kind of middle to low income and you're banked, you spend more on overdraft fees than on vegetables.”
Strange: US bank overdraft fees rose from $20 to $35 in a decade
“Well, overdraft fees have gone up, like, to 35 dollars now from 20 just 10 years ago, as I was checking yeah, so that's a pretty big chunk of change.”