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How I Lived Without a Credit Card for 25 Years

GOBankingRates | Posted 06.08.2015 | Money

If you're wondering why I'm so excited to be the owner of what is basically a Fisher-Price credit card, you have to understand the Napoleon complex that not having any credit gave me.

Why a Third of Americans Treat Checking Accounts Like Payday Loans

GOBankingRates | Posted 12.21.2014 | Money

Would you pay an interest rate of 17,000% to borrow $24? That might seem absurd, but you probably already have -- and maybe more than once.

Report: BofA Weighing Checking Account That Curbs Overdrafts

Reuters | Posted 01.23.2014 | Business

Oct 17 (Reuters) - Bank of America is considering a plan to introduce a checking account that curbs overdraft practices, the Wall Street Journal sai...

Want To Sue Your Bank? They May Ask You To Pay Their Legal Fees

The Huffington Post | Alexander Eichler | Posted 06.21.2012 | Business

At some banks, there's a nasty little piece of language buried in those terms-and-conditions agreements you have to sign. It says that if there are an...

Big Bank Drops Overdraft Fees

The Huffington Post | Emily Cohn | Posted 06.21.2012 | Money

Although it seems like every week banks are ratcheting up fees charged to customers with low account balances, the largest U.S. bank by assets is chan...

Bank Charges Customer $300 In Overdraft Fees

The Huffington Post | Bonnie Kavoussi | Posted 05.02.2012 | Money

Even if you signed up to receive overdraft notifications from your bank, you may still be surprised by unwelcome overdraft fees piling up against your...

Big Banks Still Raking In Billions From Overdraft Fees

Posted 12.21.2011 | Business

Despite bank officials wailing about how financial reforms may hurt their bottom line, banks will rake in billions this year thanks to fees they're ch...

Bank May Face Class-Action Suit From Customers For Overdraft Fees

The Huffington Post | Alexander Eichler | Posted 09.27.2011 | Business

In 2003, the San Francisco-based Union Bank adopted a new practice that allowed it to begin charging its customers more overdraft fees. Now, the custo...

Zach Carter

Payday Loan Kingpin Praises Elizabeth Warren | Zach Carter | Posted 07.10.2011 | Business

This article has been updated WASHINGTON -- The Chairman of the nation's largest payday lending outifit is making the rounds in the nation's capita...

Weekly Audit: Are Handouts For Billionaires More Important Than Feeding Children?

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

by Zach Carter, Media Consortium blogger The crazy conservative assault on government spending has become one of the most irrational economic policy d...

Weekly Audit: Why Elizabeth Warren Should Head New Consumer Financial Protection Bureau

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

by Zach Carter, Media Consortium blogger With the Wall Street reform bill finally cleared through Congress, activists and intellectuals are pushin...

Arthur Delaney

Chase's Overdraft Opt-Out: Deliberately Confusing? | Arthur Delaney | Posted 05.25.2011 | Business

Credit card reform requires banks by July to get permission before providing "overdraft protection," which hits customers with fees of $30 or more to ...

Arthur Delaney

Man Infuriated By Overdraft Fee Jailed After Threatening To Rob Bank | Arthur Delaney | Posted 05.25.2011 | Business

A 40-year-old Pennsylvania man is in jail after threatening to rob his local Bank of America branch in revenge for an overdraft fee. Francis Coleman,...

Arthur Delaney

BofA Customer: 'Why Can't I See Why You Took My Money?' | Arthur Delaney | Posted 05.25.2011 | Business

Vartan Altounian has a simple question: Why did Bank of America hit his checking account with two $35 overdraft fees on Dec. 17 if his balance summary...

Arthur Delaney

29 Overdraft Fees In 27 Days: Birthday Spoiled By Bank Statement | Arthur Delaney | Posted 05.25.2011 | Business

Matthew Miller of San Pedro, Calif. spent $2,395 from his checking account during the month of October. He deposited $3,445 on top of a starting balan...

Overdraft Fees: U.S. Banks To Make $38 Billion

Yahoo! News | Mon Aug 10, 3:43 Am ET | Posted 05.25.2011 | Business

Banks in the United States are poised to make $38.5 billion in customer overdraft fees this year, the Financial Times said, citing research by Moebs S...

Quick on the Draw -- and the Overdraw

Rick Horowitz | Posted 11.17.2011 | Healthy Living
Rick Horowitz

I've tiptoed only so far into Techno-Dollar World. I finally started paying some of my bills online. Which was more than enough to get me into hot water.