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Debit Card Fees

Regulator Goes After Controversial Pay Practice

AP | Posted 09.16.2013 | Business

WASHINGTON -- Federal regulators say companies cannot require employees to receive their pay on debit cards, citing complaints from workers of high an...

Joe Satran

Restaurants Cope With Soaring Credit Card Usage

HuffingtonPost.com | Joe Satran | Posted 02.11.2013 | Food

Consumers today expect to be able use a debit or credit card to buy anything they want -- including $5 sandwiches and $3 cappuccinos. Restaurant owner...

A Year After Debit Reform, Consumers Benefit Even as Banks Cast False Blame

Douglas Kantor | Posted 11.23.2012 | Business
Douglas Kantor

While the average American is making less and the income gap widens, profits in the banking industry are higher than they were pre-recession.

As Fall Financial Aid Is Disbursed, Senator Issues Urgent Warning to Students Using Campus Debit Cards

Rich Williams | Posted 11.18.2012 | College
Rich Williams

A recent US PIRG report documents how banks are back on campus this fall with new and aggressive tactics that can leave students deeper in debt.

Back to College: Campus Debit Card Dangers

Rich Williams | Posted 11.06.2012 | College
Rich Williams

As students head back to school, over 9 million are at risk for increased educational debt, due to bank-affiliated campus debit cards that come with high fees, insufficient consumer protections, and few options.

Target Hides Horrible Truth From Customers

Posted 08.23.2012 | Business

Major retailers like Target and Walmart may be able to keep the connection between their products and a war-torn African country under wraps. Tha...

Watchdog Probing Whether Overdraft Programs Go Far Enough

Posted 04.20.2012 | Business

The top consumer watchdog is scrutinizing big banks to see if their overdraft protection policies are doing enough to keep Americans from unwittingly ...

Unbanking America: Entrepreneur Develops Alternative to Paper Money, Banking System

Steven Kurlander | Posted 06.20.2012 | Money
Steven Kurlander

With the explosion of devices equipped with encrypted technology, it should be only a short period of time before both paper currency and the rest of coins in circulation go the way of the Canadian penny.

Loren Berlin

Why You Could Soon Be Getting A Discount At The Pump

HuffingtonPost.com | Loren Berlin | Posted 04.17.2012 | Money

On Tuesday, President Barack Obama will ask Congress to get tougher with speculators who are increasing the cost of gasoline by gambling on future oil...

New Card Encourages Indebted Students To Shop

SmartMoney | AnnaMaria Andriotis | Posted 06.05.2012 | Money

This article was originally published by SmartMoney College graduates can now pay off their student loans by paying their bar tabs. That's the mark...

Wouldn't It Be Nice If They Disclosed Fees Before Taking Your Money?

AP | DANIEL WAGNER | Posted 05.13.2012 | Money

WASHINGTON — Three major issuers of prepaid debit cards said Tuesday they will test a new fee-disclosure box designed to help people understand ...

It Turns Out 2011 Was A Pretty Great Year For Banks

The Huffington Post | Alexander Eichler | Posted 03.08.2012 | Business

By almost any measure, 2011 was a rocky year -- high unemployment, volatile markets, rising poverty, protests in the streets. Thankfully, the banks ma...

Big Banks Fee-Grab, While This Other Business Booms

The Huffington Post | Catherine New | Posted 03.02.2012 | Money

Credit unions are booming as big banks take increasingly desperate measures to make money off of consumers. Membership in credit unions more than ...

JPMorgan Chase Primarily Interested In Ballers, Shot-Callers

The Huffington Post | Alexander Eichler | Posted 02.29.2012 | Business

If you've got less than a hundred grand in the bank, JPMorgan Chase is just not that into you. At a presentation to investors this week, JPMorgan e...

Janell Ross

In South Carolina Some Tax Refunds Will Be Shared With A Big Bank

HuffingtonPost.com | Janell Ross | Posted 02.28.2012 | Business

This year South Carolina income tax refunds will arrive on prepaid debit cards unless taxpayers specifically opt for a check or direct deposit. The...

Wall Street Lobbyists Could Severely Weaken Derivative Regulation

The Huffington Post | Alexander Eichler | Posted 01.30.2012 | Business

Wall Street lobbyists are trying hard to weaken the extent to which the government can police a practice that played a central role in the 2008 financ...

The First Annual Most DisCREDITed Awards

Adam Levin | Posted 03.05.2012 | Politics
Adam Levin

In a bad-economy year full of silly laws, mortgage miseries, political gaffes, Hatfield-McCoy feuding, credit downgrades, mysteriously rising prices, fee gouging and art-project political campaigns, here's a guide to help you to weed out the ridiculous from the truly tragic.

Would You Rather Watch An Ad Than Pay An ATM Fee? [UPDATE]

The Huffington Post | Jillian Berman | Posted 12.05.2011 | Business

What if there was a simpler solution to avoiding an ATM fee than running all over town looking for an in-network machine? One Brooklyn, New York-based...

Janell Ross

Oregon Eliminates Some Bank Fees For the Unemployed

HuffingtonPost.com | Janell Ross | Posted 11.29.2011 | Business

After nearly a month of negotiations, Oregon has reached an agreement with U.S. Bank to eliminate many of the fees the bank charges people to access t...

Justice Department Reviewing Debit Card Fees

Posted 11.23.2011 | Business

Big banks shouldn't rest easy, the debit fee debacle isn't over. The Justice Department is reviewing claims by a lawmaker that banking industry of...

Catherine New

How Banks Get You On Overdraft Fees [GRAPHIC]

HuffingtonPost.com | Catherine New | Posted 11.22.2011 | Business

Under pressure from regulators and lawyers, nearly all banks have stopped the predatory practice of reordering debit-card purchases to gouge customers...

Big Banks Slated To Lose Billions In Customer Cash Over Next Year: Report

Posted 11.21.2011 | Business

Big bank interest in netting a profit on the backs of customers may end up backfiring. The top 10 retail banks are projected to lose $185 billion ...

Janell Ross

How Banks Profit Off Welfare In California

HuffingtonPost.com | Janell Ross | Posted 11.18.2011 | Business

Rodney Robinson, a single father in Los Angeles, needs government help to pay his rent. But getting that help from the state of California involves sh...

What BofA Learned From The Debit Fee Debacle

Posted 11.15.2011 | Business

(Rick Rothacker) - Bank of America Corp learned a lesson from its abandoned debit card fee and will work to provide transparency and fair pricing ...

Not Just Debit Fees: The Other Ways U.S. Banks Cost Customers

The Huffington Post | Harry Bradford | Posted 11.14.2011 | Business

The era of the debit card fee may have come and gone, but plenty of bank charges remain. Indeed, with all the talk of debit fees, it's easy to for...