Banks, Credit Card Reform | featured news

(Image from article: "Banks take revenge for new consumer rules")

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Bank of America posts $7.7B loss on special charge

Bank of America Corp. said Tuesday it lost $7.65 billion during the third quarter due to a charge related to credit and debit card reform legislation passed over the summer.

Banks may be gaming your credit card payment

Credit card issuers are still playing "gotcha" with customers.

Bank of America ends overdraft fees on debit cards

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees....

Banks take revenge for new consumer rules

They're introducing all sorts of new fees and changes as laws take effect that are designed to make financial heavyweights friendlier to customers. Happy new year. Now pay up.

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