Opt Out of Predatory Overdraft Fees

New Orleans Finally Congress does the right thing, or at least some of the right things, and passes credit reform legislation, and now we have the spectacle of the federally bailed out banks desperately trying to hoodwink citizen customers into volunteering to allow their pockets to be picked. Banks have been making $40 billion in [...]

March 3rd, 2010 | Tags: , , , | Category: Financial Justice | Leave a comment

Santa Barbara Finally Pulls Up Short

Quepos            It was an extra present under the palm tree to read in the pre-dawn that Santa Barbara Bank & Trust was being pulled out of the business of factoring RALs, predatory refund anticipation loan for Jackson & Hewitt and other companies in the viciously competitive tax services market for lower  income and working families.  [...]

December 26th, 2009 | Tags: , , , , , , , , , , , , , , , , , , | Category: Citizen Wealth, Financial Justice | 2 comments
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