What is a Return Item Chargeback?
What is This Unfamiliar Fee on My Bank Statement?
If you’re like most consumers, you might have a rough knowledge of your current checking account balance.
Gone are the days when people would sit down for hours on end to meticulously record bills and balance the checkbook; a casual scan of the bank statement for anything unusual is about as thorough as most people get now.
Therefore, it’s understandable how most individuals would overlook a ‘return item chargeback’ line on the monthly statement.