Some Consumers Treat Checking Account Like a Payday Loan
Just 8% of bank customers are responsible for roughly 75% of all overdraft fees....
Overdraft
Capital One Will Stop Using ChexSystems
If you’ve ever been denied a bank account, chances are the decision was made after your banking history was reviewed through ChexSystems, which is a...
Study: Consumers Saddled by Credit Card Debt and Overdraft Fees
A recent survey by MagnifyMoney shows that 35% of Americans overdraft and 42.4% are saddled by credit card debt. The survey, which was conducted by...
Managing Credit: 3 Ways Overdraft Fees Will Still Haunt You
Starting Thursday, banks must ask existing customers to “opt-in†for overdraft protection instead of charging the usual exorbitant fees for giving “courtesy†of spending more...
Overview: The White House’s Financial Reform Plan
The White House issued a fact sheet on how the president's financial reform plan will affect African Americans....