Posts Tagged “Overdraft Fees”

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Banks may replace overdraft fees with payday-style loansLincoln Journal StarHere’s a look at some options borrowers in a pinch might use, and how they stack up against payday loans. The calculations assume the fees are for $100 in …Bank customers pushed to agree to pay for overdrafts Toledo BladeNational Bank Regulator Lets Unsafe Practices Flourish; Are Banks the New Face … PR-USA.net (press release)Bank cash advances: Tidy profit Fort Wayne Journal Gazetteall 12 news articles »

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webmaster@technorati.com wrote an interesting post today on
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Austin American-Statesman

How far have US banks fallen? Try payday loansHouston ChronicleUS banks, threatened by new limitations on overdraft fees, may look to short-term products similar to “payday” loans to help replace as much as $20 billion …Banks May Replace Lost Overdraft Fees By Payday-Style Loans (FITB, USB, WFC) Benzingaall 7 news articles »

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News Sources wrote an interesting post today on
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Checking accounts with high-cost overdraft fees hurt older people disproportionately, according to a report by the Woodstock Institute, a Chicago advocacy group. Here’s how to keep from being a victim: • Avoid payday loans. Payday lenders have clustered their businesses near subsidized senior-citizens housing complexes, according to the institute. Payday lenders market short-term loans to …

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News Sources wrote an interesting post today on
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Overdraft fees hit seniors hardChicago Sun-TimesAvoid payday loans. Payday lenders have clustered their businesses near subsidized senior-citizens housing complexes, according to the institute. …

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News Sources wrote an interesting post today on
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Payday lenders protest potential rate capDeseret News“Many competitive products cost much more than payday loans.” Those competitive products, Gibson said, include things like paying for overdraft fees on …and more »

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