Got feedback on the new design? We're Listening! Send us Feedback

Rising Bank Fees Squeeze Consumers »

Posted by: engineer 2 months, 1 week ago

7.5

Scale of 1 to 10

Read: 62

Propped: 72

Comments: 5

Click Prop It to Raise Score

Prop it

Banks charge consumers more in fees every year. Last year, banks collected $38.6 billion in service charges, according to the Federal Deposit Insurance Corp.

Read Full Story at npr.org

Join the Discussion

+ Add Comment

Comments So Far: 5

0%
engineer2 months, 1 week ago

This post tells of how banks steal, due to their obscene greed, and hurt the consumers, who they couldn't care less about
Reply
0%
Amazing12 months, 1 week ago

The Credit Card Companies send you those little things in the mail about how they've changed the terms of your credit card account. They don't consult you. They don't ask. They just do it. I was discussing this with my husband just this morning. How about WE start sending THEM a change in the terms. Like "all bills must be sent a minimum of two weeks prior to the due date" and "no charge for phone payment of your bill" and "no raise in interest rates without a personal phone call and subsequent negotiation." In addition, all deposits should be entered at the beginning of the business day and charges entered at the end of the day. That little trick is responsible for ba-zillions of fees right there. In addition, they must accept OUR terms or WE will take our business elsewhere. Their reply will be expected within two weeks. If no reply is received, we will assume that they accept OUR terms. Grreedy MFers!
Reply
1 Reply
- JohnQPublicComment removed: User banned.
0%
emailkyloe2 months, 1 week ago

The irony of today's banking system somewhat amuses me everytime I have to fraternize with a visit.
A metaphorical gay parade, where the unwitting populous may as well just walk in backwards!
Reply
0%
walden32 months, 1 week ago

The banks are killing the golden goose. No more bailouts for corporate bankers. No more should they be able to outsource their risk after acting like swine at the trough - lock em up and make them pay. It's all about de-regulation and limiting government to these bankers until they rip off too many people then they come to the government and taxpayers with their hands extended.
Reply