The Consumer Financial Protection Bureau wants customers to understand their credit cards better. So, they've unveiled a new and shorter prototype of a credit card agreement.
I understand that your credit score is affected by the percentage of your available credit that you use. However, does this reflect the total percentage of the total available, or is it specific to each line of credit? Gabriel, Somerville, MA
They look like innocent pieces of plastic, but high interest rates and fees can ravage your wallet and your credit score. We talk to a financial expert about how to deal with credit cards responsibly.
Wells Fargo is rolling out a trial monthly fee for debit card purchases. The pilot program comes in response to legislation which limited the amount banks could charge merchants per transaction.
Now that banks have to reduce the fee they receive from merchants when you use a debit card, they're considering charging you a monthly fee for using one