Monthly Archives: February 2012

CFPB Looks into Bank Overdraft Practices

Last week Richard Cordray–the newly appointed director of the Consumer Financial Protection Bureau (CFPB)–hosted a field hearing about bank overdraft protection.    Overdraft protection programs enable banks to charge a fee for covering checks that would otherwise bounce and debit cards that would be declined due to insufficient funds. These products can be both useful… Read more…

Posted on February 29, 2012 by Beth This entry was posted in Uncategorized and tagged , , . Bookmark the permalink. Leave a comment

Databases and Your Privacy

Last week I had the privilege of representing your interests at a state senate hearing in Missouri, where legislation has been introduced that calls for a state-wide database of payday loan customers. This means that when you take out a short-term loan in Missouri, your name is entered into a state-wide database to ensure you cannot take out more than one loan at a time.

Posted on February 14, 2012 by Beth This entry was posted in Uncategorized and tagged , , , . Bookmark the permalink. Leave a comment