HI I Owe Money To My Bank Out Of Nowhere, Please Help!!!?

Question

Hi I am with Suntrust and they gave me a NSF PAID ITEMS PENALTY of $70 dollars and I don't even know what the heck is that! Now I Owe $78 and its hard for me to come up with money. Why could they give me that penalty and what if i cant come up with the money on time???

THANKS!

Answer 1

You overdrafted your account.  NSF stands for Non Sufficient Funds.  I'm guessing that Suntrust charges $35 for an overdrafted transaction, so you must have exceeded your balance with two transactions.  As far as paying it off, don't use your debit card until you can put enough money into your account to bring it to a positive balance, just use cash.  If it's your first time overdrafting, try talking to the bank about waving the fees.  Usually they wave them if it's your first time.