Defend Your Dollars http://www.defendyourdollars.org/ Defend Your Dollars is the website of the Consumers Union Financial Services Campaign, where we support reforms to the financial marketplace to curb bad practices by banks and lenders. en Copyright 2012 Fri, 18 Nov 2011 09:22:45 -0800 http://www.sixapart.com/movabletype/?v=3.2 http://blogs.law.harvard.edu/tech/rss CFPB urged to enact prepaid card protections CU: Consumers need the same protections for prepaid cards that come with traiditonal debit cards

]]> http://www.defendyourdollars.org/2011/11/cfpb_urged_to_enact_prepaid_ca.html http://www.defendyourdollars.org/2011/11/cfpb_urged_to_enact_prepaid_ca.html Press Release Fri, 18 Nov 2011 09:22:45 -0800 CU comments to the proposed Department of Treasury’s Interim Rule allowing federal payments to be deposited onto prepaid cards http://www.defendyourdollars.org/2011/04/cu_comments_to_the_proposed_de.html http://www.defendyourdollars.org/2011/04/cu_comments_to_the_proposed_de.html Comment Wed, 27 Apr 2011 10:45:29 -0800 Adding It All Up: How Prepaid Card Fees Compare to Checking Account Fees http://www.defendyourdollars.org/2011/04/adding_it_all_up_how_prepaid_c.html http://www.defendyourdollars.org/2011/04/adding_it_all_up_how_prepaid_c.html Research Fri, 15 Apr 2011 12:18:09 -0800 Prepaid cards costlier than basic checking accounts Consumers Union finds checking accounts are cheaper and provide stronger protections than prepaid cards.

]]> http://www.defendyourdollars.org/2011/04/prepaid_cards_costlier_than_ba.html http://www.defendyourdollars.org/2011/04/prepaid_cards_costlier_than_ba.html Press Release Mon, 04 Apr 2011 09:31:28 -0800 Tips for prepaid card customers http://www.defendyourdollars.org/2011/03/tips_for_prepaid_card_customer.html http://www.defendyourdollars.org/2011/03/tips_for_prepaid_card_customer.html Tips Wed, 23 Mar 2011 15:41:10 -0800 Great New Coverage On Our Prepaid Card Campaign Watch the video "ConsumerWatch: Prepaid Reloadable Cards May Come With Fees" featuring our own Michael McCauley

]]> http://www.defendyourdollars.org/2011/02/great_new_coverage_on_our_prep.html http://www.defendyourdollars.org/2011/02/great_new_coverage_on_our_prep.html Blog Post Fri, 18 Feb 2011 11:28:51 -0800 New "Club América" Prepaid Card Takes Aim at Soccer Fans A new prepaid card endorsed by the Club América soccer team is being marketed to soccer fans in the U.S. Goal...or foul?

]]> http://www.defendyourdollars.org/2011/01/new_club_america_prepaid_card.html http://www.defendyourdollars.org/2011/01/new_club_america_prepaid_card.html Blog Post Wed, 05 Jan 2011 15:02:56 -0800 The Kardashian Kard May Be a Goner - After Only 3 Weeks! The Kardashian sisters are backing out of their contract to promote their prepaid "kard," after receiving massive criticism in the media and a warning from a state attorney general. Looks like not all publicity is good publicity!

]]> http://www.defendyourdollars.org/2010/11/the_kardashian_kard_may_be_a_g.html http://www.defendyourdollars.org/2010/11/the_kardashian_kard_may_be_a_g.html Blog Post Mon, 29 Nov 2010 14:46:41 -0800 Kardashian sisters back out of prepaid card deal Consumers Union calls for stronger prepaid card protections for consumers

]]> http://www.defendyourdollars.org/2010/11/kardashian_kard_withdrawn_from.html http://www.defendyourdollars.org/2010/11/kardashian_kard_withdrawn_from.html Press Release Mon, 29 Nov 2010 14:36:17 -0800 Group letter calls on FDIC to make safe template for prepaid cards http://www.defendyourdollars.org/2010/11/group_letter_calls_on_fdic_to.html http://www.defendyourdollars.org/2010/11/group_letter_calls_on_fdic_to.html Letter Wed, 24 Nov 2010 11:53:58 -0800 Don’t Try “Keeping Up” with the Kardashians’ New Prepaid Card Consumers Union has looked at the new Kardashian Kard, and finds that the card comes with the same gotcha fees and weak consumer protections as other prepaid cards on the market.

]]> http://www.defendyourdollars.org/2010/11/dont_try_keeping_up_with_the_k.html http://www.defendyourdollars.org/2010/11/dont_try_keeping_up_with_the_k.html Blog Post Wed, 17 Nov 2010 13:59:33 -0800 Kardashian Kard: Weak protections and fees Consumers Union highlights the downsides of prepaid cards and offers tips to consumers.

]]> http://www.defendyourdollars.org/2010/11/kardashian_kard_weak_protectio.html http://www.defendyourdollars.org/2010/11/kardashian_kard_weak_protectio.html Press Release Wed, 17 Nov 2010 09:24:30 -0800 Look Out for This One: The New, Expensive "Mi Promesa" Prepaid Card The new "Mi Promesa" prepaid card is being marketed to the Latino community as a new product that will serve their needs better than a traditional bank. But consumers need to know that this card comes with a hefty price tag and some outrageous fees.

]]> http://www.defendyourdollars.org/2010/11/look_out_for_this_one_the_new.html http://www.defendyourdollars.org/2010/11/look_out_for_this_one_the_new.html Blog Post Mon, 01 Nov 2010 09:28:56 -0800 UPDATED: Prepaid Card Tips for Consumers Consumers Union releases its updated report on prepaid cards and offers tips for consumers.

]]> http://www.defendyourdollars.org/2010/09/updated_prepaid_card_tips_for.html http://www.defendyourdollars.org/2010/09/updated_prepaid_card_tips_for.html Blog Post Wed, 15 Sep 2010 13:45:14 -0800 Report: Prepaid cards come with long list of fees CU report finds prepaid cards come with multiple fees and offer weak consumer protections

]]> http://www.defendyourdollars.org/2010/09/report_prepaid_cards_come_with_2.html http://www.defendyourdollars.org/2010/09/report_prepaid_cards_come_with_2.html Press Release Wed, 15 Sep 2010 09:10:08 -0800