In the latest truth is stranger than fiction story, sweetheart deals between states and banks have translated to increased fees for people on unemployment.
So this is the scenario, if you want your unemployment money, you have to either take a lump sum at the teller window or use a debit card. Using the debit card translates to $6+ dollars for every ATM transaction, and $20+ for any overdraft.
"It's a racket. It's a scam," said Rachel Davis, a 38-year-old dental technician from St. Louis who was laid off in October. Davis was given a MasterCard issued through Central Bank of Jefferson City and recently paid $6 to make two $40 withdrawals.
That $6 is a lot when you're worried about paying for rent, heat, and food for your family.