Scandal after scandal after scandal – Bank of America is once again in the regulator crosshairs.
Personal Finance News - Banking
If you’re feeling more than slightly overwhelmed with all of the back and forth bickering on Capitol Hill and are confused by all of the so-called “new rules” of good credit, you’re not alone.
It’s been five years since the mortgage crisis landed squarely in Americans’ laps. This week, federal prosecutors aimed their ire towards Bank of America and the accusations are damning.
While it’s nearing its first year anniversary, many consumers are unaware of the massive effort from Pew Research Center that focuses on safer banking and financial transactions in our technology driven society.
It’s not been too long ago that Bank of America found itself in hot water over an announcement that it would be imposing a $5 debit card usage fee for its customers that didn’t have massive deposits with it. Many …
For any company, and most certainly any kind of financial company, it’s a fine line they walk between remaining profitable while keeping their customers happy. It’s a never-ending dance that if executed properly, is a sure fire way of keeping …
There’s something about Senator Elizabeth Warren’s fiery financial determination that has many consumers thinking – or saying – “You go, girl!”
Imagine running into Wal Mart tomorrow on your way home from work to pick up potatoes and milk and then coming out two hours later with a lower interest rate on your home? It’s already possible.
A new poll that outlines the best online banks was released this week. Many are unaware that online-only banks exist. Most consumers believe online banking is simply an extension of the traditional bank they use in their communities. There is …
In a press release on Monday, Visa, Inc, CitiGroup and the Center for Financial Inclusion at Accion, officially launched the Financial Inclusion 2020 Campaign.
Things just keep getting worse for one of the nation’s biggest banks. This week alone, it’s been hit with two massive multi-million dollar fines, it’s being accused of meddling in citizens’ Second Amendment rights and it’s being accused of discrimination …
It’s been tough go for U.S. banks in recent years. Most banks, by nature, however, are aggressive and they hardly missed a beat.
For months, we’ve told readers about the growing number of consumers turning to prepaid debit card products for their lower fee structures and often, better conveniences. More consumers these days are unbanked or underbanked than ever before.