Defend Your Dollars: Share this site! We support reforms to the financial marketplace to curb bad practices by banks and lenders.

tips

CU: Bank of America should drop latest fee scheme

Bank of America is testing new monthly fees that could be rolled out nationally soon

Categories: Banking, CFPB
Tags: , , , ,

6 Tips for Graduating with Less Student Debt

The cost of higher education is skyrocketing, and students often end up graduating with massive debts as a result. Student loan borrowers are also defaulting on their loans at a higher rate than ever before.

Categories: Student Loans
Tags: ,

How To Move Your Money: Video

DefendYourDollars.org new video showing you the step by step process to move your money safely

Categories: Banking
Tags: ,

Mobile payments tip sheet: What can consumers do now

WHAT CAN CONSUMERS DO NOW TIP SHEET Link Your Mobile Payment to a Credit Card for the Strongest Consumer Protection If you link your mobile payment to a credit card, you will have the most consumer protections. • Limited liability for unauthorized transactions: Under federal law, you are only on the hook for up to Continue Reading

Categories: Mobile
Tags:

Get Real Debt Help, Not Empty Promises

Tips from Consumer Action, Consumers Union, Consumer Federation of America, and the National Consumer Law Center®

Categories: Mortgages
Tags:

Tips for prepaid card customers

Tips for prepaid card customers • Find and read the fee schedule before you buy the card: Make sure you understand all the different ways you can be charged for using your card. Your cost will vary widely depending on which card you pick and how you use it. • Try to figure out how Continue Reading

Categories: Prepaid Cards
Tags:

Tips for checking account customers

Tips for checking account customers • Find out how you can avoid monthly fees: Check with your bank to find out whether you can take steps to avoid monthly fees. Some banks will eliminate monthly fees if you use direct deposit for your paycheck or if you maintain a minimum balance or use your debit Continue Reading

Categories: Banking
Tags: ,

Frequently Asked Questions About Checkholds

Read this chart and list of frequently asked questions to find out how long a bank can hold the funds you deposit by check. Starting July 21, 2011, a bank must make $200 of your deposited funds available the next business day. Also, the new Consumer Financial Protection Bureau will have joint authority with the Continue Reading

Categories: Banking
Tags: ,

Reverse mortgage tips for consumers

If you need cash, consider alternatives to a reverse mortgage first

Categories: Mortgages
Tags:

Gift Cards 2010: New consumer tips for the holiday season

Gift Cards 2010: New Consumer Tips for the Holiday Season The year 2010 saw many new developments for gift cards.  The gift card provisions of the Credit CARD Act went into effect on August 22, 2010, giving all gift cards minimum protections against early fees and expiration dates.  And “virtual” or “e-gift” cards, which you Continue Reading

Categories: Gift Cards, Payments
Tags: