Money Attention Consumers: ATM and Overdraft Fees Are ClimbingStacey TisdaleOctober 7, 2015September 28, 2017 by Stacey TisdaleOctober 7, 2015September 28, 2017310 While the best way to avoid these fees are to keep good records, stick to your budget, and live within your means, some consumer advocates... Read more
Money Millennials More Likely to OverdraftSheiresa NgoJanuary 22, 2015January 22, 2015 by Sheiresa NgoJanuary 22, 2015January 22, 2015471 Overdraft and insufficient funds fees make up most of the checking account fees paid by consumers.... Read more
Money Some Consumers Treat Checking Account Like a Payday LoanSheiresa NgoOctober 22, 2014October 22, 2014 by Sheiresa NgoOctober 22, 2014October 22, 2014229 Just 8% of bank customers are responsible for roughly 75% of all overdraft fees.... Read more
Money CFPB Speaks out Against High Overdraft ChargesSheiresa NgoAugust 1, 2014August 1, 2014 by Sheiresa NgoAugust 1, 2014August 1, 2014256 The CFPB is concerned about expensive overdraft fees for debit card and ATM transactions.... Read more
Managing Credit: 3 Ways Overdraft Fees Will Still Haunt YouRenita BurnsAugust 9, 2010August 9, 2010 by Renita BurnsAugust 9, 2010August 9, 2010483 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... Read more
Get Ready for Changes to Your Debit CardSheiresa NgoJune 8, 2010March 25, 2013 by Sheiresa NgoJune 8, 2010March 25, 2013270 As of July 1, new changes are coming to debit card overdraft fees. The Federal Reserve is moving forward with its order that financial institutions... Read more
Cutting Edge: Bank of America Ends Overdraft FeesRenita BurnsMarch 11, 2010January 2, 2013 by Renita BurnsMarch 11, 2010January 2, 2013350 Bank of America customers say sayonara to overdraft fees.... Read more