Lawmakers Target Unfair Overdraft Charges Democrats have introduced a bill that would limit the cost of overdraft fees and prohibit practices that increase the likelihood customers will overdraw their accounts. The Overdraft Protection Act would prohibit financial institutions from charging more … Continue reading
California Supreme Court Makes it Easier for Apple, Online Businesses to Collect Personal Data A divided California Supreme Court ruled that online merchants such as Apple and Ticketmaster can require consumers to furnish personal information to make credit card purchases. … Continue reading
A report recently released by the Consumer Financial Protection Bureau showed the number of college credit card agreements between issuers and institutions of higher learning or alumni organizations dropped dramatically in 2011 versus 2010. The data revealed a 20.6 percent decline … Continue reading
A recent study by Demos, College on a Credit Card shows that student loans are not the only financial problem plaguing today's college students and their families. Many families are turning to credit cards to pay for part of their student's … Continue reading
The Associated Press is reporting that Higher One Holdings Inc. is preparing to pay a fine to federal regulators over fees the company charged to college students who used its bank cards between 2008 and 2011. The amount of the … Continue reading