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Tag Archives: overdraft

Please, let us keep our expensive overdraft loans, prodded consumers cry

Fred Williams

The Consumer Financial Protection Bureau intends to issue regulations on prepaid cards’ high-priced overdraft loans, so, as usual, it opened up an avenue for public comment. The outcry, however, is far from usual, as more than 500 customers of the prepaid company Netspend — after some prompting from the company — flooded the CFPB with comments. Nearly all pleaded to keep their high-priced loans, often with a tinge of desperation.
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iPhone death grip

Emily Crone

A few weeks ago, I blogged that I was dying to get an iPhone 4, but was doing everything in my power to resist. Despite the new features I so desired, I concluded that I just didn’t need one. Shortly after that, once the phones were in stock, I called AT&T to see if I qualified for an upgrade. I learned that even as a current AT&T customer, it would still cost a whopping $199. Ouch. I wavered back and forth, and ultimately decided to wait — at least until I heard more from people as to whether it was actually worth it.

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Haiti edition

Emily Crone

Although we would all love to donate a truck full of supplies to those in need after the earthquake in Haiti, many of us just can’t afford it. Fortunately, there are little things we can do.
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