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

How Can Your Credit Score Be Saved With Something As Simple As A Payday Loan?

Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.
Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.

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

Facts About Installment Loans Everyone Should Know Before Applying Online

Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.
Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.

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

How To Get A Cash Advance Without Providing Collateral or Submitting To A Credit Check

Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.
Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.

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 Personal Loans Online Can Prevent Your FICO Credit Score From Going Down

Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.
Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.

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

How To Use Short Term Loans To Get Through a Budget Crisis Wisely

Everyone finds themsevles in a budget crisis from time to time and short term loans are only the answer in some circumstances when used wisely.
Everyone finds themsevles in a budget crisis from time to time and short term loans are only the answer in some circumstances when used wisely.

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