Payday Loans are Less Expensive than Bank Overdraft Fees
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Banks get rich by making me poor
I just can’t stop kicking myself. First, I got slammed with $105 in bank overdraft fees. I am still recovering from it. Then, I came across this story in The Huffington Post that says banks made $24 billion from overdraft fees [...]
Payday Loans Trump Overdraft; Fed Reins in Banks
The Board wants overdraft changes
The Federal Reserve Board, Office of Thrift Supervision and National Credit Union Association are at it again, and payday loans are looking better than ever when compared with having to deal with overdraft charges on your checking account.
To recap for those of you who aren’t familiar [...]
Rising Bank Fees – I’ll take a Payday Loan!
Why is there such uproar about fees charged by payday loan lenders, but very little attention at all to the banks, who sneakily charge all kinds of fees?
At a time when more consumers are struggling to pay their bills, large banks are raising some account fees to record levels.
Quoted With [...]
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