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Burgeoning Bank Fees: Too High, Too Hidden?

Authors :
Crittenden, Michael R.
Source :
CQ Weekly. 6/27/2005, Vol. 63 Issue 26, p1694-1695. 2p. 1 Color Photograph, 2 Graphs.
Publication Year :
2005

Abstract

Focuses on the growing profits earned by banks by imposing service charges on consumer checking accounts in the U.S. Concerns of consumer advocates on the banks' practices; Impact of the prevalence of debit cards and Internet banking on competition in the banking industry; Disadvantages of the courtesy overdraft protection services of banks; Need for an additional disclosure to prevent banks from unfairly levying fees on consumer accounts.

Details

Language :
English
ISSN :
15215997
Volume :
63
Issue :
26
Database :
Academic Search Index
Journal :
CQ Weekly
Publication Type :
Periodical
Accession number :
17596939