Prepaid benefit cards exploit the unemployed, says study

Prepaid benefit debit cards for the unemployed nickel and dime them to death with fees, according to a National Consumer Law Center report.
A Bank of America ATM machine.
Wednesday, May 11th, 2011 by
By Steve Tarlow

Consumers paying more to access their own money

While the Consumer Financial Protection Bureau is waiting for a director, banks are making even more off of undisclosed or unclear fees.
Cash
Tuesday, May 10th, 2011 by
By Mary Rice

Is Applying For A Payday Loan Through A Direct Lender The Best Option?

Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.
Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.

30 percent interest for late payments at Bank of America

Watch out for default interest rates. Despite new rules, credit card issuers like Bank of America will still raise rates sky high.
Credit card
Wednesday, April 27th, 2011 by
By Peter Stone

How Can Installment Loans Help Protect Your Credit Rating?

There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.
There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.

Consumers sick of giving banks a cash advance through fees

Overdraft fees are generating a lot of consumer resentment, as people don't want to give banks a cash advance to use their own money.
ATM
Thursday, December 9th, 2010 by
By Peter Stone

Getting a payday loan instead of an overdraft fee saves money

Believe it or not, the average American family actually saves money by getting a payday loan instead of an overdraft charge from the bank.
Wells Fargo
Thursday, October 21st, 2010 by
By Payday Loan Advocate

Do Not Fall Behind On Your Bills - See How Short Term Loans Can Help Prevent Late Fees and Penalties.

Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.
Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.

Federal judge blasts Wells Fargo for overdraft fees

A Federal judge raked Wells Fargo over the coals for its overdraft practices, and ordered the company to repay $230 million to customers...
Snake in the grass
Wednesday, August 11th, 2010 by
By Peter Stone

Without overdraft fees, will banks fire customers?

Congress has cracked down on overdraft fees, including those incurred by debit card transactions. Will banks have to "fire" bad customers?
Witness a caricature photograph of a man watching his money literally go down the drain. That's the way many customers who have had to deal with bank overdraft feel. As laws clamp down on what banks can charge, will banks simply fire customers?
Thursday, June 3rd, 2010 by
By Steve Tarlow

Bank direct deposit advance versus payday loans

Banks are considering the use of payday advances to supplement the cost of lost overdraft fee's totaling $15 billion, due to new rules that ... READ MORE
Friday, February 26th, 2010 by
By $ Bonnie Jones

How To Get A Cash Advance Even With Bad Credit and Bankruptcy On Your Record

Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.
Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.

Let Short Term Loans Save You From Overdraft Fees

Big banks are trying to take away your right to obtain short term loans so they can continue to charge you excessive overdraft fees.
Banks and Short Term Loans
Monday, December 28th, 2009 by
By $ Bonnie Jones

Overdraft Fees are a Pain in the Pocket

Learn the annoyance of overdraft fees and how they can be overcome.
Don't be shocked if a small miscue becomes a big money drain called overdraft fees.
Wednesday, December 9th, 2009 by
By Antony Hayes

Overdraft Fees Send Scores to Check Cashing, Payday Loans

The growing population of unbanked should tell us something about the overdraft fee practices of banks. It's no wonder check cash and payday loans are popular.
In what universe does a one percent check cashing fee exceed a $35 overdraft fee for overdrawing a checking account by $.01? (Photo: flickr.com)
Thursday, November 19th, 2009 by
By Steve Tarlow

Keep Your Debt to Credit Ratio Down By Using Personal Loans Instead of Credit Cards

The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.
The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.

Overdraft Fee Monster Eats Social Security Income, Too

Overdraft fees are out of control. In Miller v. Bank of America, we see that the consumer can win against banks, but only briefly. Congress must intervene.
This should be considered a deadly weapon, in light of banks' runaway abuse of overdraft fee policies. (Photo: flickr.com)
Wednesday, November 18th, 2009 by
By Steve Tarlow

Money-Saving Tip Your Bank Doesn’t Want You to Know

Overdraft fees are the scourge of cash-strapped Americans but made more than $23 billion for the banks last year alone. Payday loans can save you hundreds...
Tuesday, November 17th, 2009 by
By James Hillman