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Banks Aggressively Courting Poor Customers With High-Fee Products

The New York Times  |  By Posted: 04/26/2012 8:22 am Updated: 04/26/2012 8:22 am

Wells Fargo Bid Rigging Case

The New York Times:

When David Wegner went looking for a checking account in January, he was peppered with offers for low-end financial products, including a prepaid debit card with numerous fees, a short-term emergency loan with steep charges, money wire services and check-cashing options.

Read the whole story at The New York Times

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Filed by Maxwell Strachan  |