BankOverdraftFees

A year after the Federal Reserve enacted new rules to rein in abusive bank overdraft practices, fees remain high and some institutions actually have slapped on additional penalties, according to a new survey by the Consumer Federation of America.

First, the good news: Americans are saving more than they have been in months. Unlike a couple of years ago, when we were literally spending every penny we made and then some, we are getting more disciplined when it comes to saving our pennies. Lending institutions, mortgage brokers and flat-out...

Bank overdraft fees are getting higher and more punishing than ever.That's not news to anyone who regularly reads WalletPop, but in case you need more proof, the Consumer Federation of America has come out with a new survey, looking at overdraft fees charged by the nation's largest banks.I don't...