Archive for November 13th, 2009

Feds Crack Down on Bank’s Overdraft Cash Cow

Friday, November 13th, 2009
Feds Crack Down on Bank’s Overdraft Cash Cow

Today the Federal Reserve announced a set of rules it was enacting in order to make it harder for banks to hit their customers with those dreaded overdraft fees. Overdraft fees have long been a major source of cash flow for banks. These new rules from the Fed are just the latest in what... »

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Posted in Credit Card advice, Debt Advice, Economics | 7 Comments »