Study: Less Than 40% Of Bank Branches Willing To Openly Disclose Account Fees To Customers

Study: Less Than 40% Of Bank Branches Willing To Openly Disclose Account Fees To Customers

In spite of legislation requiring banks to disclose all fees associated with consumer deposit accounts, a new study from the Public Interest Research Group shows that only around four out of 10 bank branches don’t make it difficult or impossible for consumers to see the full schedule of fees.Additionally, banks are reluctant to let customers know about the availability of free checking accounts. [More]

Counter-Marketing Campus Credit Card Pushers

Counter-Marketing Campus Credit Card Pushers

PIRG volunteers are manning booths in campuses nationwide designed to look like fictional “FEESA” credit card stand, BusinessWeek reports, except passing out lollipops that say “don’t be a sucker” and informational brochures about the dangers of credit card abuse. A worthy counter-marketing campaign, though someone should give them some more money so they can give out free tshirts too, and at least match their opponents’ irresistible offerings.