Banks have been the main way to get started with loans and that kind of thing. These very low interest rates are not by the banks but by the central bank. I think it is a bad sign for the economy to have the interest rates this low. Who knows what could happen from here on out.
Banks charged customers fewer overdraft fees in 2011 that in 2010. However, on an average, the fees were higher. The financial research firm Moebs Services released the findings in its latest yearly survey of the overdraft market. You can avoid an overdraft fee if you use an installment loan, which is cheaper most of the time. Just like what I did.