Post Tagged with: "disclosures"

VIDEO: The Call for Banks to Improve Disclosures, Overdraft Fee Practices

by June 5, 2013 at 3:59 pm 0 comments

Checking accounts are a “fundamental product” for consumers, but that doesn’t stop some banks from falling short in their disclosures and, more importantly, engaging in abusive overdraft fee practices, according to the Pew Charitable Trusts. Interestingly, this call for improved overdraft practices comes as overdraft revenue drops at financial institutions.Read More