katwoman Posted March 12, 2005 Report Share Posted March 12, 2005 Scroll down to the second article (2/9/05) and enjoy.......http://3banklawyers.typepad.com/3_bank_lawyers Link to comment Share on other sites More sharing options...
katwoman Posted March 12, 2005 Author Report Share Posted March 12, 2005 Scroll down to the second article (2/9/05) and enjoy.......http://3banklawyers.typepad.com/3_bank_lawyers Link to comment Share on other sites More sharing options...
momof5 Posted March 14, 2005 Report Share Posted March 14, 2005 "I tend to agree with the naysayers. If contacts with banks increase, it will be due to a trend of financial literacy generally, not due to the existence of this new right. I've seen no evidence that financial literacy of the average consumer is increasing. While there may be some increased contacts from the financially literate consumer, the numbers of those are in a distinct minority in this country.Only time will tell; however, I think that there is no need to lose any sleep over this particular aspect of the FACT Act. Banks have enough real concerns to keep them restless. This is not one of them."What an insult! But what he fails to realize is there are more and more computer savvy consumers who will find websites like this! Link to comment Share on other sites More sharing options...
momof5 Posted March 14, 2005 Report Share Posted March 14, 2005 "I tend to agree with the naysayers. If contacts with banks increase, it will be due to a trend of financial literacy generally, not due to the existence of this new right. I've seen no evidence that financial literacy of the average consumer is increasing. While there may be some increased contacts from the financially literate consumer, the numbers of those are in a distinct minority in this country.Only time will tell; however, I think that there is no need to lose any sleep over this particular aspect of the FACT Act. Banks have enough real concerns to keep them restless. This is not one of them."What an insult! But what he fails to realize is there are more and more computer savvy consumers who will find websites like this! Link to comment Share on other sites More sharing options...
divemedic Posted March 14, 2005 Report Share Posted March 14, 2005 Not really. We are certainly in the minority. For every one of us, there are several thousand consumers who get shafted EVERY DAY. There are over 1,000 registered CA's in Florida alone. Link to comment Share on other sites More sharing options...
divemedic Posted March 14, 2005 Report Share Posted March 14, 2005 Not really. We are certainly in the minority. For every one of us, there are several thousand consumers who get shafted EVERY DAY. There are over 1,000 registered CA's in Florida alone. Link to comment Share on other sites More sharing options...
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