| Fed rule will limit overdraft fees charged by banks, credit... |
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The Federal Reserve released a long-awaited rule Thursday requiring banks and credit unions to get consumers' permission before charging steep fees to pay debit card and ATM... More »
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USA Today - Nov. 12, 2009
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| Debit Card Overdraft Reform Gets the O.K. |
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When Congress introduced credit card reform, the banks and credit card issuers reacted by jacking up rates and adding new fees. Likewise, with the Federal Reserve ruling that... More »
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Time - Nov. 13, 2009
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| Quashing Credit Card Reform for Small Businesses |
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Last week, small business advocates once more tried, and failed, to get new consumer protections for credit cards extended to small-business card holders. They were defeated,... More »
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New York Times - Nov. 13, 2009
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| Holiday Shopping Guide: Digital Camera 101 |
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Note that a camera with more megapixels will fill up its storage much faster, so unless you need the extra detail, you’ll want to figure out how to take lower resolution... More »
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Fox News - Nov. 13, 2009
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| New Rules Would Restrict Overdraft Fees on Debit Cards |
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The rules, which take effect next summer, are the latest issued by the Fed after criticism that it did not move quickly and aggressively enough to root out deceptive and... More »
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New York Times - Nov. 12, 2009
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| Fed Cracks Down on Bank Overdraft Fees |
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WASHINGTON -- Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced... More »
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Fox News - Nov. 12, 2009
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| Where Credit Isnt Due |
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The unintended consequences of proposals like credit card rate freezes and tax credits for home buyers may wind up creating even worse problems. More »
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New York Times - Nov. 13, 2009
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| A glance at the Fed's decree on overdraft charges |
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A glance at the Fed's decree Highlights of the Federal Reserve's rules for ATM and debit card overdraft charges that take effect July 1. * Customers must tell banks they want... More »
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Los Angeles Times - Nov. 12, 2009
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| The Debit Card Hustle |
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While I was out yesterday, there was big news on debit card fees. Here's how the LA Times headlined it: Fed Reserve bans most bank overdraft fees This caused some editorial... More »
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Mother Jones - Nov. 13, 2009
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| Fed Adds Protection Against High Overdraft Fees |
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Starting next year, banks will no longer be able to charge consumers overdraft fees on ATM and debit-card transactions, unless the customer agrees in advance to an overdraft... More »
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Baltimore Sun - Nov. 13, 2009
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