Friday, May 29, 2009

Banks find ways to boost fees; checking accounts latest target

For the past year, banks have raised credit card rates to levels that sparked consumer outcry, regulatory scrutiny and congressional action. (snip) For example, banks are making it easier and more punitive for consumers to spend more than they have in their checking accounts, just as they allow consumers to spend past their card limits and charge them a steep fee for doing so.

[SHEEPLE. Vote with your feet like a responsible consumer and they won't do anything we don't let them do.]

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