While I was speaking with my father today, I learned that he got to feel the collective sting of “Free Checking”, “Rewards” and the Durbin Amendment. He was surprised to find his account $35.00 lower than he expected! Clearly a mistake, he approached a teller to inquire about why his account was lower than expected. … Read more
Identity theft is sadly becoming a common problem, with new and surprising ways for thieves to gain important information about you, your bankcards and your current accounts. What Is Credit Card Skimming A technique called credit card ‘skimming’, where thieves copy the information held in your card’s magnetic stripe when your card is swiped, has … Read more
If you are not sure what the Durbin Amendment is, then read our article “What is the Durbin Amendment?” To describe it shortly: The Durbin amendment is an amendment to the Dodd-Frank Wall Street Reform and Consumer Protection act (HR 4173) that was passed into law mid-last year. With the Durbin Amendment alive and well, it’s important … Read more
With Tester-Corker bill failing to garner enough votes, the Durbin Amendment will be going into effect on July 21st. What does that mean for you? How does the Durbin Amendment affect you? Before you know what that means for you, you should first know what Durbin is and why it is happening. What is Durbin? … Read more
About 3 weeks ago, we wrote an article about the Kardashians’ latest business endeavor money-making gimmick: The Kardashian Kard. It was a prepaid debit card with so many fees attached to it that you’d be broke before you could stand in the nearest check-out lane. It’s kind of ironic that they have a television show … Read more
Yes, you’ve read the title correctly. Kim Kardashian, and her sisters now have their own pre-paid debit card. Just in case pop culture hasn’t overrun your life enough yet, now your kids can now beg and plead for you to load more money on their cards. In case you don’t know who the Kardashians are, … Read more