Bank of America is scrapping plans for an opt-in overdraft protection program.
Entries Tagged as 'overdraft fees'
Wells Fargo, Take Note: BofA Scraps Plans for Opt-In Overdraft Protection
November 10th, 2011 · 2 Comments · Banking
Tags: bank·bank of america·opt-in·ovedraft protection·overdraft fees·Wells Fargo
Bank of America to Pay $410 Million for Overdraft Practices
July 19th, 2011 · No Comments · Banking
Remember transaction sorting? Banks preventing consumers from opting out of overdraft protection? Thought the new consumer protection laws had outlawed these practices and made them obsolete? Sure they’re obsolete and illegal NOW, but banks still have to make reparations for the past. Earlier this year, Bank of America agreed to pay $410 million to settle [...]
Tags: bank accounts·bank of america·checking accounts·Opt Out·overdraft fees·transaction sorting·Wells Fargo
The Tangled Matrix of Checking Account Fees
May 6th, 2011 · No Comments · Banking
Surprised by a fee on your checking account? Have you then contacted your bank to figure out their policies and fee structures on your checking account and gotten a straight answer? You’re one of the few. Credit.com recently posted an article on how tough it is to find out the exact fee structure on various [...]
Tags: bank fees·banks·Checking Account·credit.com·fee structure·overdraft fees·Pew Charitable Trust
No Worries, It Won’t Affect Your Credit Score
October 4th, 2010 · No Comments · Credit Bureaus and Scores
Though I wouldn’t characterize more than half of them as “slipups,” Financial Edge’s”8 Slipups That Won’t Hurt Your Credit Score” does include must-know info to set your mind at ease.
Tags: credit·Credit Card Companies·credit counseling·Credit Score·Interest Rates·late payments·overdraft fees
