Will you participate in the November 5th Bank Transfer Day?
Entries from October 13th, 2011
November 5th is Bank Transfer Day: Will You?
October 13th, 2011 · 3 Comments · Banking
Tags: bank·bank of america·Bank Transfer Day·Banking·banks·debit card fees·Debit Cards·Fees·Kristen Christian·November 5·Occupy Wall Street
Change Banks to Avoid Monthly Debit Card Fees?
October 12th, 2011 · No Comments · Banking
The math may make sense to banks tacking on flat monthly debit card fees, but it doesn’t make sense to customers who still have the option of taking their business someplace else.
Tags: bank·bank of america·banks·debit·Debit Card·debit card fees·Forbes·online bill pay·switch kits
Arizona Wants to Pay up to $50,000 in Loan Forgiveness per Home – Fannie, Freddie Object
October 11th, 2011 · No Comments · Mortgages
According to a New York Times article, Arizona is trying to fix its massive home foreclosure rate by helping to pay a portion of mortgage debt – but only if the banks will kick an equal share for principal reduction as well. The bank’s pay down of mortgage debt would be in the form of [...]
Tags: debt forgiveness·Fannie Mae·Freddie Mac·moral hazard·Mortgages·principal reductions·robo-signing
Will Dip in Consumer Credit Spur Further Decline in Credit Card Interest Rates?
October 10th, 2011 · No Comments · Credit Cards
Though consumer credit rose considerably in the second quarter of 2011, a big dip in August may have banks angling to further woo increased credit card use going into the big holiday spending season.
Tags: bank of america·banks·Chase·Consumer Credit·credit·Credit Cards·Debit Card·debit card swipe fee·Wells Fargo
