Tom: This morning you join us to talk about overdraft charges. Mellody: I do, because this is a very big issue many people are confronted with every…
SOURCE: Newsone.com In a move that’s sure to delight debit cardholders nationwide, the Federal Reserve today imposed a new rule prohibiting banks from automatically enrolling customers in “overdraft protection” plans, CNN Money reports. These shady programs — which banks have claimed are meant to help customers — allow debit cardholders to spend money they don’t […]
