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Rhode Island Eyes Capping Credit Card Interest Rates

PYMNTS

In the United States, credit card balances and the interest rates charged on those balances are on the rise. In the latest data , more than $870 billion in credit card debt is outstanding in the United States. Before that ruling, in a case titled Marquette National Bank of Minneapolis v. Whitehouse said, according to WPRI.

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Santander Gets Hit With Fine Due To Overdraft Practices

PYMNTS

The CFPB said that, from 2010 to 2014, Santander was marketing and enrolling consumers in its “Account Protector” service designed to protect customers from overdrawing on their accounts at ATMS and on one-time debit card transactions. Customers were charged $35 per overdraft.

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CFPB October 2016 complaint report highlights prepaid card complaints, complaints from North Carolina consumers

CFPB Monitor

The CFPB has issued its October 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in North Carolina and the Charlotte metro area. The CFPB began taking prepaid card complaints in July 2014. ET, Ballard Spahr attorneys will hold a webinar, “The CFPB’s Final Prepaid Cards Rule.”

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CFPB December 2016 complaint report highlights debt collection complaints, complaints from Arizona consumers

CFPB Monitor

General findings include the following: As of December 1, 2016, the CFPB handled approximately 1,058,100 complaints nationally, including approximately 23,100 complaints in November 2016. Prepaid cards also showed the greatest decrease based on a three-month average in the November 2016 complaint report.

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CFPB November 2016 complaint report highlights other financial services complaints, complaints from Oklahoma consumers

CFPB Monitor

General findings include the following: As of November 1, 2016, the CFPB handled approximately 1,035,200 complaints nationally, including approximately 27,000 complaints in October 2016. The report also highlights complaints from consumers in Oklahoma and the Oklahoma City metro area.

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Season of Giving: How Financial Brands Are Leaving Their Mark

Social Assurance

Covid-19 impacted every community across the nation and the world. As their communities in Massachusetts and Rhode Island neared the Holiday Season last year, Dean Bank was approached by the Town of Franklin to brainstorm ways to bolster the local small business economy. Give Financially.

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What Will Drunk Shoppers Buy On St. Patrick’s Day?

PYMNTS

Finder says Idaho, which leads the nation in weekly alcohol purchases at $54 per person per week, though Alabama, Rhode Island, Arizona and Iowa weren’t far behind. And just where are these plastered purchases happening? Patrick’s Day-related purchases as a whole. There are, of course, worse decisions made on St.