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Ally, Huntington launch operate so you’re able to suppress overdraft costs

Ally, Huntington launch operate so you’re able to suppress overdraft costs

Huntington’s the newest $step one,100 credit line might cost the financial institution $one million 30 days but earn customers’ support. Friend, meanwhile, eliminated overdraft charges altogether.

Huntington Financial into Monday introduced Standby Bucks, an electronic-just loan product the financial institution said can assist customers end overdraft costs and create credit.

Compliment of Standby Bucks, eligible customers are considering quick access to a line of credit as much as $1,000 no appeal or costs once they register for automatic repayments. Continue reading