Category Archives: Fees
Consumers in Chicago Could See Limited Credit Card Fees If New Law Is Passed
It seems like just yesterday that a round of credit card reform laws was enacted (well, actually it was just last month). But the Federal Reserve already has another idea to help consumers. If passed, a proposed law will limit credit card fees by prohibiting your credit issuer from charging you more than your violation…. Read More »
Chicago Bankruptcy Attorneys Warn Consumers About Overdraft Protection Fees
You can’t believe everything you read – especially when it comes to your bank, say Chicago bankruptcy attorneys. Many banks are sending out letters urging customers to sign up for overdraft protection, a program that allows your bank to authorize a debit purchase – even if there’s not enough money in your account to cover… Read More »
Watch Out for ATM Fees That Add Up
Using cash usually makes more sense than credit. You don’t have to deal with interest, you know you can’t spend more than what’s in your account and the act of physically parting with your money makes you less likely to splurge — and wind up in debt. But there’s at least one pitfall to paying… Read More »
Cash Can Save You Money, If You Use the Right ATM
You’ve probably heard it before, but switching to cash instead of credit has the potential to save you a lot of money. Just to name a few benefits, using cash means you don’t have to pay interest, there’s no risk of overspending since you’re limited to the contents of your bank account and you’re more… Read More »
Keep An Eye Out for New Credit Card Changes
If you’re shredder-happy when it comes to your junk mail, you may want to start exercising a bit more caution. Americans are used to being bombarded with junk mail from creditors, from new card offers to routine legal notices. But with credit card companies coming up with ways to counteract the new consumer protection laws,… Read More »