In an extensive study last year, the Pew Charitable Trusts found out what many Americans who’ve been zapped by overdraft fees or frustrated trying to understand fine print already knew: Big banks make it difficult for their customers to figure out exactly when and how much they’ll be charged in fees.
Now, in a follow-up report that …
When the first of several credit card reforms began taking place two years ago, the response from more than a few consumers amounted to: “thanks, but no thanks.” Soon after the legislation passed, millions of credit card accounts were summarily closed, and interest rates and fees soared. For a while there, the post-reform credit card …
