Hefty ‘Debt Relief’ Fees Await Credit Card Over-Users

The beginning of a new year marks the arrival of the first post-holiday credit card statements and the realization for many that they may need to turn to debt relief companies for help. But consumers groups are ...

Fed Prohibits Some ‘Costly’ Overdraft Fees on Debit Cards

The Federal Reserve has responded to a wave of consumer complaints over unrestricted debit card fees by making it more difficult for banks to charge certain overdraft fees. In new Fed rules announced today, financial institutions ...

Banks Make Moves to Ease Debit Card Overdraft Fees

Under attack for excessive overdraft fees from consumers, legislators and even  disgruntled customers on YouTube, three of the largest U.S. banks have changed their  debit card rules by lowering or eliminating ...
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