Tuesday, January 3, 2012

Credit Talk USA Live - The year of annoying fees for 2011 for consumers



Angry Verizon Wireless customers took to chat forums and social networks after the company said it would begin to charge customers $2 for making one-time bill payments online or by phone using a credit card.
Bank of America (BAC, Fortune 500), Wells Fargo (WFC, Fortune 500), JP Morgan (JPM, Fortune 500), Sun Trust (STI, Fortune 500) and Regions Bank (RF, Fortune 500) all planned to levy monthly fees of between $3 and $5 on customers for the privilege of using their debit card. The banks claimed that the fees were necessary because new regulations would limit how much revenue they could make on the cards:

4pmcst this Thursday afternoon Credit Talk USA LIVE.

http://www.blogtalkradio.com/credittalkusalive/2012/01/05/the-year-of-annoying-fees-for-2011-for-consumers

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