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. […]
Debit card
How To Counter The Credit Card Fraudsters
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 […]
How Will the Durbin Amendment Affect Me?
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 […]
What is the Durbin Amendment?
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? […]
Kardashian Kard Dead On Arrival
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 […]
