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Tip of the Week
The Consumer Financial Protection Bureau (CFPB) has launched an inquiry into checking account overdraft programs to determine how these practices are impacting consumers. They are asking consumers to provide comments on their experiences with overdraft protection. Has it helped? Has it hurt? Are the fees clear or confusing?
Make your voice heard on overdraft fees by submitting a comment today!
News Alerts
May 24th, 2012
Consumer Protections Considered for Prepaid Debit Cards
May 4th, 2012
CONSUMERS CONDEMN DEBT COLLECTION IN HOSPITALS
April 18th, 2012
CONSUMERS DENOUNCE DEBT COLLECTION SCAMS
February 28th, 2012
The consumer voice
by Gerri Guzman
Millennials: The newest users of short term financial products
A recent article in USA Today suggests that payday loans, check cashing and prepaid debit cards have found a new customer—twenty somethings, also known as millenials (see more on millenials at the Pew Research Center). Payday Loans no doubt serve a purpose and are a good match for this generation that seeks immediate results and… Read more…