The Consumer Financial Protection Bureau hosted a town hall in New York on Wednesday to elicit feedback on banks’ overdraft policies, but discussions on prepaid debit cards, check-cashing services and retail giant Wal-Mart dominated the conversation.
The CFPB announced today that it would release an action plan regarding banks’ current overdraft policies by the end of the year. Here’s what MainStreet would like to see the plan entail.
The Consumer Financial Protection Bureau has launched an inquiry to explore the overdraft policies of several financial institutions.
A debit card fee isn’t the only reason to jump ship with your money. Here are some other red flags that indicate it may, in fact, be time to consider joining a new bank.
Consumers shouldn’t let clever bank tactics dissuade them from opting out of overdraft protection if it isn’t a service they want.
As the prepaid market space heats up, Green Dot eyes traditional checking accounts, but is offering few details on its plans.
Online credit card malls earn credit card companies a percentage of their sales, which tends to lead to some pretty stellar discounts. MainStreet rounded up some of the better – and more surprising – ones to check out.
The act of making multiple payments itself won’t net you any bonus points, but it could positively influence your credit-to-debt ratio.
A digital commerce platform that American Express launched last year is getting even more perks, allowing cardholders to use rewards points anywhere American Express is taken.
The Consumer Financial Protection Bureau proposed a rule today to add debt collectors and consumer credit reporting agencies to its jurisdiction.