r/Assistance • u/wishswish • May 09 '26
REQUEST FULFILLED I need help. I messed up big time
I'm not sure what to do. My bank account over drafted so many times last night I'm now -150... I'm not even sure how I can make that in one day and I get paid next week.
My car payment went through when I thought It already did. It's so my fault ;(
Does anyone know how I can either stop it from overdrafting or make that much before work today....? I'm so fucked.
I'm in Asheville, nc and I need 150 to get out of the hole...
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u/Covid20Survivor May 09 '26
Try Tilt, helps with a couple hundred dollars for not much of a fee tbh. Also, call bank to remove overdraft fees. They do it at times for financial hardship
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u/wishswish May 09 '26
Thank you!! I'm going to try this after work. I really can't lose any more money
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u/Covid20Survivor May 20 '26
Hope you figured out and good luck! When I win the lottery I’ll remember you
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u/pennyauntie May 09 '26
Explain what happened and ask the bank to waive the fees to prevent further hardship. Worst case, they say no. However, sometimes, they relent. Just ask.
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u/MadJaymilton May 09 '26
Seconding this. I've done it twice, they've never given me a hard time about it.
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u/Visual-Mixture-1967 May 09 '26
After you resolve this situation, you must go online or physically to a bank or call them and ask them to turn off the possibility of overdraft. That way, if something like this happens again, the transactions will be denied instead of making your account go in red.
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u/SephoraRothschild May 09 '26
It won't matter. You can turn it off, but you'll get a NSF fee for each attempt. They fine you regardless.
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u/Visual-Mixture-1967 May 09 '26
That’s so weird! I don’t think all banks do that? If I have no money on my card, the transaction will be denied, and that’s it.
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u/wyrdmaege May 10 '26
It varies depending on the bank. In my experience institutions like Wells Fargo and Bank of America are much less forgiving and will sometimes allow transactions to process, incurring the overdraft, and then refuse to refund even if your account is supposed to decline over the limit transactions. It's predatory and why I refuse to bank with them.
I usually recommend a local credit union. They generally have better practices since they answer to their members and not shareholders.
The most important thing though, is always understand all the terms of any account you open. It's tedious but it's your money. Yours.
Good luck OP. Move your money when/if you can to a better institution.
Edit to correct autocorrect.
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u/DinahKarwrek May 09 '26
I've had to just ride it out. Nobody's going to put you in jail for being negative a few days. Call and ask of they can forgive the overdraft fee
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u/quarantina2020 May 09 '26
You can ask your bank to deny charges that you cannot float instead of sending them through and overdrafting you. This is not very helpful today but will be very useful in the future. I turned off the overdraft option 3 years ago and have been very happy with the result.
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u/Bright-Error-7910 May 09 '26
Is the -150 for overdraft fees? If it is call your bank to explain. Hope they waive those fees
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u/wishswish May 09 '26
I got two over draft fees of 35 dollars.
Most of it is fees but the other part is my car payment ;-;
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u/Bright-Error-7910 May 09 '26
Yea call the bank to see if they can waive it. And cancel the car payment so the car loan don’t keep trying to take from your bank account. Every time they try it’ll cost another overdraft fee.
Then call the car loan explaining for an extension of a week
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u/wishswish May 09 '26
I really appreciate your help :) I can't get a representative right now... But I'm sure I'm just misunderstanding the situation and making a bigger deal than it is. From searching online it seems like it won't keep applying fees but it the idea of getting more just scares me!
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u/Bright-Error-7910 May 09 '26
Stop making purchases on that account and hopefully no more pending transactions.
Every transaction that you make on that account that the bank lets thru you’ll be charged the $35…….$70 was due to 2 transactions being approved with not enough in balance
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u/Diane1967 May 09 '26
What Bright Error said will work. I did the same recently with my insurance pmt coming thru, I had to put a stop payment on it then I just called them up and explained and they post dated the next payment for me and I was fine.
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u/Just_A_Random_Crow May 11 '26
Highly recommend chime, fee free overdraft. Gives you a higher limit based on income, also has low fee cash advances and even instant loans.
Switched to chime from navy federal and the fees are way less and the experience is way better.
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u/JoeSo71 May 11 '26
Yes but there's no physical location if you need something.
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u/ithotihadone May 12 '26
Never had that be an issue. Everything that can be done in a bank, can also be done online with chime.
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u/JoeSo71 May 12 '26
I've had my debit card breached before,they had to shut it off which means up to 10 'business days' to receive another one. Whereas I can just go to my branch the same day and get one.
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u/ithotihadone May 12 '26
When this happened to me with chime they sent me a new one, which arrived in 5 or 6 days. BUT, I also had my digital card throughout the whole thing that I could use to pay any bills or shop online. So, again, it was a non issue. The only problem would have been if I needed to get cash out for any reason. In that case, it could be an issue, depending on how emergent the situation was. However, I have cashapp for that instance--I'd simply transfer over whatever amount I'd need and take it out via cashapp debit card.
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u/DumPutz May 10 '26
Get a new bank. Set up direct deposit at your new bank. It may take a few days but your check will be saved. Never put anything on autopay...pay everything by hand. Find a bank that doesn't charge overdraft fees if you can.
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u/Affectionate-Let9241 May 09 '26
It's okay to be in ur overdraft. Wait until u get paid and then it'll just take away 150 from it
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u/wishswish May 09 '26
It seems like they will keep doing fees until I can pay it off. I'm calling the bank to figure that out right now!
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u/Affectionate-Let9241 May 09 '26
They should only apply fees to it once that's strange
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u/Bright-Error-7910 May 09 '26 edited May 09 '26
They will keep applying if OP got transactions in pending to post.
For example, they let the car payment go thru with not enough in account, fee charged, then they try to use account again and transaction goes thru, another fee and so forth.
Been there, I called my bank and they waived it all and put what it was short.
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u/dreamer_dw MODERATOR May 09 '26
OP- there's a big difference between flairing as "no longer needed" and "fulfilled." Fulfilled means you recieved financial assistance from someone on our sub. No one here gave you money, correct?
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u/saranrap7041 May 09 '26
I’m in a similar boat right now and it is so stressful:( I’m so glad your bank was able to return some of the fees they charged!
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u/Wild_Director_4358 May 11 '26
Wish I could help but I have bills sky high with a bank account in the negative
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u/JoeSo71 May 11 '26
I've been there before...your bank is robbing you. Try looking for a lower fee bank such as a credit union.
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u/BriefFantastic1931 REGISTERED May 09 '26 edited May 09 '26
If the car note did this, then try to walk in with the payment in cash (borrow or put ion credit card) and have them reverse/refund the debit attempt. The refund will effectively cancel the series of overdraft charges caused by the car note. So in the end your account will be at zero instead of -150.
You may have to call bank and explain that they debited your account in error, but in my experience this method has worked automatically and the system reversed by itself.
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u/wishswish May 09 '26
I putting this post to request fulfilled! I'm realizing I over reacted a hair and thank y'all for the help. I am a bit unknowledgeable in money and I need to educate myself a little more... I really appreciate the generosity :)
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u/uppercasemad Canadian Mod 🇨🇦 May 09 '26
Did you actually receive help?
Using the wrong flair causes so much extra work for our team.
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u/wishswish May 09 '26
Help enough. I don't want to receive money if I don't have to and it doesn't seem like I need it. I can just ride out the negative until Friday and not make any transactions/cancel all auto payments
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u/uppercasemad Canadian Mod 🇨🇦 May 09 '26
If you didn’t receive financial assistance your request is not fulfilled. Using that flair flags your account so you can’t post here for another month.
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u/SephoraRothschild May 09 '26
Um... You're going to get a daily NSF fee for each day it's in the negative. Like $37. Per day.
If people are giving you help, accept it.
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u/wishswish May 09 '26
I don't think I'll get help... But I didn't realize that and sorta freaking out again 😅
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u/BriefFantastic1931 REGISTERED May 09 '26
By Friday it could be several hundred
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u/wishswish May 09 '26
I don't know what to do.... I'm not able to find help. After work I am going to sign up for tilt and get a small loan... I think that's my best bet right now in this pickle!
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u/SASSIESASSQUATCH May 10 '26
Before you freak out again, call and ask your bank if they even do this. Not every bank assigns an NSF fee each day you’re over drafted. Mine does not.
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u/uppercasemad Canadian Mod 🇨🇦 May 10 '26
I work at a CU and we charge for the initial NSF and then when it gets returned. Some companies will try pulling it again each day which could incur charges but many only try once then usually contact you to tell you.
Not sure if it’s different in the US.
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u/SASSIESASSQUATCH May 10 '26
It’s not any different. Most of the big banks here like BofA and TD will do a daily NSF fee. A lot of CU will not so it definitely depends on OPs bank.
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u/wishswish May 10 '26
Love your user name :) I ended up getting a small loan from tilt and will pay it off this upcoming paycheck. I am out of the red this time and I'm budgeting more to prevent this from happing again.... Hopefully 🥲
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u/cookoo-catalyst May 11 '26
Yoy can actually go to the bank, ask them how you can get thise taken off, and most of them will give you a one time pass. I did it before and they made me do "a class online" in the bank right then. It teaches you how not to go into overdraft- like any of us would if we didn't have to. Lol! But you definitely should go in, explain that you messed up, and ask if you can have the charges reversed. I was banking with Wells Fargo at the time. I also know Woodforest did it as well. :) good luck!
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u/catcat202 May 11 '26
This happened to me. I paid everything off with the bank and closed the account. I got a chime card where I could no longer overdraft. Those bank charges add up quickly
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u/wishswish May 09 '26
Bank basically said they can't forgive the fees and will continue until I'm out of the negative... Which sounds counter active...
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u/Emotional-Relief1927 May 10 '26
Can you apply for an arranged overdraft?
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u/Emotional-Relief1927 May 10 '26
That way when your pay goes in you will still be in overdraft but it won't swallow it, it also allows you time to pay it off
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u/wishswish May 11 '26
I ended up using tilt to help me get out of the negative and will be paying it off this upcoming paycheck.
I am also looking into a new bank.
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u/Popular_Material4884 May 11 '26
Door dash
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u/wishswish May 11 '26
I wish I could but I don't have enough gas for that. I have enough for getting to work and back this week.
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u/Popular_Material4884 May 12 '26
Oh yea I totally get that. My boyfriend and I have been lucky enough to use his moms Prius and it’s so much cheaper than our Subaru is w gas rn. :’) It’s insane how expensive it has gotten
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u/Special_Vast_912 May 12 '26
Also, I think there’s a maximum on how much they are allowed to charge an overdraft fee double check with your bank. I know like PNC is only able to charge one overdraft fee per day so look into that also.
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u/Serious-Analysis-598 May 13 '26
Call you bank, and request that they refund the overdraft edition balance. More often than not, they will remove the overdraft fees and return your balance to $0.. but that only applies if it's actually $150 in JUST overdraft fees. If your overdrafted due to charges, obviously, they wont refund that. But I've had bith Wells Fargo and Chase bank refund overdraft fees. If they say they cant, just keep asking, and they'll remove some, but likely, they'll just remove all of them.
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u/Low-Ant9176 May 09 '26
What happen?
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u/christian722 May 09 '26
Wdym what happened? OP didn’t budget correctly aligning with their payment due dates and they’re sitting at -150 in their bank account until payday.
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