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Archive for September, 2017

 
 
 
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Customers Need More Protection From Debit-Card Overdraft Fees.
Customers Need More Protection From Debit-Card Overdraft Fees.
Customers Need More Protection From Debit-Card Overdraft Fees.

Prepaid Debit Cards Increasingly Popular As Checking Account Alternatives

It’s an irresistible headline. “Why a guy making $100,000 a year can’t get a bank account,” was the provocative title to a recent intriguing story by Danielle Douglas in The Washington Post. In it, Douglas describes how a Kansa...
 
News
 

Suze Orman Prepaid Card Discontinued June 30

That’s because Orman’s Approved Card, a partnership with Bancorp Bank that was released in early 2012, is suspending operations on July 1. According to a story in The New York Times, holders of the Approved Card recently receiv...

 
News
 

Consumer Financial Protection Report: Mishandling Credit Report Errors, Hassling Consumers and More

Harassing phone calls. Credit report errors. Payday loan company employees showing up at a customer’s workplace demanding money. These are just some of the more troubling findings in a recent report from the Consumer Financial ...
 
News
 

Visa Attacks Prepaid Fee Confusion

It’s getting harder and harder for prepaid card issuers to be sneaky about their fees. Earlier this year the Pew Charitable Trusts issued a report detailing the lack of uniformity when it comes to prepaid fee disclosures and pr...

 
Blog
 

American Express -Sponsored Movie Spent Premieres

Life outside the financial mainstream is getting the Hollywood treatment. On June 4th, the American Express-sponsored documentary, Spent: Looking for Change, which profiles the challenges and frustrations of those Americans who...
 
News
 

JPMorgan Launches Financial Solutions Lab

American Express just got a little competition in its efforts to appeal to those living outside the financial mainstream. On May 29th, banking giant JPMorgan Chase & Co. announced that it has committed to invest $30 million...