BofA Repays $45B in Government Bailout Funds
Source: firstnews.com
Repayment of the funds frees the Charlotte, N.C.-based bank from the government restrictions that have hampered its search for a new CEO, including executive pay limitations.
5 Secrets Your Bank Doesn't Want You to Know
Source: finance.yahoo.com
Three-quarters of banks automatically enroll consumers in their "overdraft protection" programs without formal permission, and more than half of banks manipulate the order in which checks are cleared to trigger multiple overdraft fees, according to a Federal Deposit Insurance Cor …
Financial rape. Is there such a thing? Absolutely there is, and it's occurring every day in this country to millions of ordinary middle class and low-income people. Who are the financial rapists?
Bank robs customer: a cautionary tale
Source: Wallet Pop
Citizens Bank had sent the Tremblays their statements every month for the 10-12 years that they had an account there -- presumably all had the same $17.50 a month fee. This was a bank error.
Young Adults Are Getting Hit with Enormous Overdraft Fees
Source: AlterNet.org
Few Americans are immune to the offers of quick, cheap and easy credit that surround us these days. Indeed, when brand-new adults first arrive on their college campuses, they are often greeted by a bank or credit card company before their resident advisor.
Fees a cash cow for banks -- chicagotribune.com
Source: Chicago Tribune
Banks Gouging their customers with unneccesary fees? This can't be happening, all business' are honest and care about their customers don't they? Oh wait thats right this is America, the Land of the silver dollar(thats actually worth $.67).
How student's 95p overdraft turned into a £250 debt
Source: the Mail online
When Rosanna Cobb wrote out a cheque, it left her building society account a mere 95p overdrawn. But it was to cost the 20-year-old English student a great deal more. Arriving home from university months later she found she had been charged almost £250 in overdraft fees.