The least effective method of protecting against overdrafts generally is to
A)maintain a larger-than-normal account balance.
B)arrange for automatic transfers from a savings account.
C)arrange for a credit-card loan to cover the overdraft.
D)ignore them since banks do not charge for overdrafts.

Question

Quizplus · Accepted Answer

Ignoring overdrafts is the least effective method because banks typically charge fees for overdrafts, making this approach costly and impractical.

The Least Effective Method of Protecting Against Overdrafts Generally Is