Let’s talk truth about payday cash loans
The payday cash loan industry is a good example of a situation in which a few bad apples spoiled the whole bunch. Politicians and news media only pay attention when people complain. That means the few borrowers who had a bad experience with payday [...]
House Bill 545 doesn’t play nice with other laws
Payday loans in Ohio have weathered the storm of House Bill 545. This we know. But let’s take a closer look at what opponents of payday loans are concerned about. An editorial by Marc Kovac of Dix Communications, a media conglomerate that [...]
Unlike payday loans that are required by the Truth in Lending Act (TILA) to clearly publish and inform consumers of terms, conditions and percentage rates charged, bank overdraft fees are deceiving customers. They lead them astray by not giving them to option to inform their bank whether they want this [...]
In the media’s campaign to educate the public about the supposedly hazardous consequences of relying upon payday loans, truth is the first casualty in the information war.
Yet simple, fact-based (rather than anecdotal) evidence tends to cut to the heart of the matter. Recent studies by Answers, etc., a company that [...]
Rising credit card rates and other banking fees, have caused consumers to seek other finance options such as payday loans and debt consolidation to combat financial instability in today’s economy.
Payday loans have come under a lot of scrutiny from anti industry opponents. These opponents have deceptively convinced consumers that [...]
Tips For Avoiding Overdraft Fees
When was the last time you had an overdraft fee? It’s typically a memorable event that is usually accompanied by some self induced growling and occasional profanity. In short it’s an experience that doesn’t just roll off your back. Most of us will carry [...]
The Result Are In
Once again, bank ATM and overdraft fees are on the rise. This comes after a survey released last week by Bankrate.com based on information from 249 banks in the nations 25 largest metropolitan areas. The good news however, is that avoiding such fees is easy. [...]
At a time when more consumers are struggling to pay their bills, large banks are raising some account fees to record levels.
Your Cash Advance Loans News Source Quoted With Edits From: Bank fees are setting records
The Banks are setting more records then Micheal Phelps!
2008 continues to set records in more [...]
It’s hard to live without a checking account. But it’s also hard to live with the fees you can rack up if you overdraw it, and banks are only too happy to help you do it. For example, many clear checks by size rather than sequence.
Quoted With Edits From: Overdraft [...]
Dear Harry: I’m pretty sure you’ve written about bank overdraft fees before, but I think it needs to be exposed over and over again because more and more people are getting hurt.
Quoted With Edits From: Harry Gross: The chilling effect of overdraft fees (Philly.com)
Seeking Help
If you think you’re the only [...]
MELVILLE, N.Y. — If your bank is buying the competition or selling out to them, you may want to add the words higher and fees to your banking vocabulary.
Quoted With Edits From: Big banks might cost consumers even more (The Columbus Dispatch)
Consumer Alert
Consumers may want to take caution with there [...]
If your bank is buying the competition or selling out to them, you may want to add the phrase “higher fees” to your banking vocabulary.
Quoted With Edits From: Bigger banks mean bigger fees (The News & Observer at http://www.newsobserver.com/business/story/1243454.html)
Big Banks Make the Big Bucks
Big banks are buying out the little [...]
If your bank is buying the competition or selling out to them, you may want to add “higher” and “fees” to your banking vocabulary.
Quoted With Edits From: Post-merger banks likely to raise fees (The Kansas City Star)
Mortgage crisis, credit crunch, federal bailout, bank merger, what does all this mean?
In two [...]