We’ve written about overdraft banking fees before, and they way the abuse the system to milk maximum fees. So numerous and loud were consumer complaints that Congress has responded with proposed bills in the House and Senate. The Federal Reserve is also being pressured to issued new rules. This has the banking industry [...]
Entries Tagged as 'JP Morgan Chase'
Banks Rethink Overdraft Fees
September 30th, 2009 · 1 Comment · Banking
Tags: bank of america·Carolyn Maloney·Christopher DOdd·Consumer complaints·JP Morgan Chase·over draft fees·overdrafts·Wells Fargo
J.P. Morgan Chase Halts Submitting Disputes to Arbitration
August 3rd, 2009 · No Comments · Credit Cards, Legal Stuff
On July 22, we reporting a lawsuit by the Minnesota Attorney General who sued the National Arbitration Forum (NAF). As result of the lawsuit, the firm essentially shut down for good. Now one of the big players in the credit card industry, JP Morgan Chase, has announced that they are halting the [...]
Tags: American Arbitration Association·Arbitration·Credit Cards·Disputes·JP Morgan Chase·lower interest rates·NAF
