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bank fees

bank fees

overdraft on bank statement
Semicolon-stop, Flickr
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‘Insufficient Funds’ for You, Big Business for Your Bank — Dollars and Sense

Consumer error appears to be greatly benefiting the financial industry, as a new banking report finds that charges to checking accounts caused by insufficient funds generated $31.5 billion last year. That is up from $30.8 million the year before, marking roughly an overall 2 percent increase.

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Category: Finances Tags:
carbonnyc, Flickr
carbonnyc, Flickr
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What Were 2011′s Stupidest Consumer Fees?

As consumers, we’re all used to being nickel-and-dimed to death with fees — from charges for checking a bag when we fly to charges to pay a bill online, we see them every day. They may be small, but they add up. And some were even more egregious than others in 2011.

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Category: Business, Finances Tags: , ,
ATM
(Photo by Justin Sullivan/Getty Images)
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Would You Watch An Ad To Avoid Paying An ATM Fee?

I HATE how advertising is creeping into every unused inch of space in our lives. But in this case, an ad is definitely the lesser of two evils.

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