Fees — many of them hidden — are everywhere these days. But that doesn't mean we have to give in to them. It pays to be a fee hawk, says commentator Chris Farrell, and it's time the government helps us out too.
As trust in banks falters and Americans try to budget their costs, many are turning to prepaid debit cards, where they can put up the money upfront and watch what they spend. But are they really a better alternative to credit cards?
Visa and Mastercard reached an agreement with the U.S. Department of Justice, which will give merchants more freedom to influence customers through special offers and discounts to use certain cards.
With the new appointment of Elizabeth Warren to the CFPB, changes in consumer protection are expected to be on their way. Tess speaks to two experts on what issues they think should be handled and how.