This week, Bank of America announced a new $5 monthly debit card usage fee.
Entries Tagged as 'Federal Reserve'
Bank of America Announces $5 Monthly Fee for Debit Card Use: Trend?
September 30th, 2011 · 5 Comments · Debit Cards
Tags: 12-cent cap·bank of america·Chase·debit card swipe fees·Debit Cards·Dick Durbin·Federal Reserve·merchants·monthly fee·Wells Fargo
Details of $1.2 Trillion Secret Fed Loans Revealed
September 29th, 2011 · No Comments · Economy
Over a period of nearly three years, the Federal Reserve doled out $1.2 trillion in relief funding to banks and other companies during the financial crisis.
Tags: Bloomberg·emergency funding·Fed·Federal Reserve·financial crisis
Consumer Credit Advocacy Group Reports Decline in Credit Card Debt
September 15th, 2011 · No Comments · Credit Cards
According to the August 2011 survey of more than 262,887 CreditKarma.com users, credit card debt has fallen 18 percent since August 2010, to an average of $6,285.
Tags: credit·Credit card debt·Credit Cards·CreditKarma.com·debt·Federal Reserve·revolving credit
Fed Report Shows Decline in Credit Card Spending
September 12th, 2011 · No Comments · Credit Cards
The Federal Reserve Consumer Credit Report released on Friday shows revolving credit (i.e., credit card debt) fell in July for the first time in three months.
Tags: Consumer Credit Report·credit·Credit card debt·credit card spending·Credit Cards·debt·Economy·Federal Reserve·recession·revolving credit
