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05/16/2013
Merchants in most states have the option to automatically pass-on to consumers transaction fees imposed by credit card companies, although by law, they must be identified on receipts.
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04/29/2013
All mobile devices are at risk of being hacked, however, some methods used to steal personal financial information do not require technological expertise.
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04/23/2012
Although most credit card companies don’t charge cardholders for fraudulent charges on their accounts, customers need to check their accounts for potential fraud.
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10/03/2011
Banks estimate losses of hundreds of millions of dollars a year in card transaction fees and are testing the waters to recoup that money from consumers by modifying various checking account fees.
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08/11/2011
BBB Reminds Consumers Financial Institutions Do Not Contact by Automated Messages.
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05/16/2011
Is there a difference between paying with a credit card and paying with a debit card? You bet, and if you use the wrong one for the wrong purpose, it can end up costing you.
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06/22/2010
Banks are now required to receive explicit consent before covering an overdraft and charging a fee every time the service is used.
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11/18/2009
This year the FBI has reported a significant increase in fraud targeting valid online banking credentials belonging to small and medium businesses, municipal governments, and school districts.
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12/01/2006
For many consumers, electronic banking means 24-hour access to cash through an automated teller machine (ATM) or Direct Deposit of paychecks into checking or savings accounts. But electronic banking now involves many different types of transactions.
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11/01/2006
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 launched a new era: With limited exceptions, people who plan to file for bankruptcy protection must get credit counseling from a government-approved organization within 180 days before they file. They also must complete a debtor education course to have their debts discharged.
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12/01/2005
Having trouble paying your bills? Getting dunning notices from creditors? Are your accounts being turned over to debt collectors? Are you worried about losing your home or your car?
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12/01/2005
If you have filed for bankruptcy, you may be the target of a credit repair scheme called “file segregation.” In this scheme, you are promised a chance to hide unfavorable credit information by establishing a new credit identity. That may sound perfect, especially if you’re afraid that you won’t get any credit as long as bankruptcy appears on your credit record.
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