bank regulations

Possible protections for credit card holders

Posted May 20, 2008 - 07:56 by Philip Brewer

Credit Cards, Consumer Affairs

Credit cards

The Federal Reserve has proposed some new rules to protect people from a list of abusive lending practices. The changes aren't in effect yet, and may not actually go into effect. It's worth looking at the proposals, though, to understand what's been going on just lately. If you haven't been paying attention, you probably have no idea what the credit card companies can legally do to you.

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Tactics for avoiding the thumbprint-for-cash request

Posted August 28, 2007 - 11:20 by Julie Rains

Consumer Affairs

Store front of check cashing service

Does providing a thumbprint or fingerprint to cash an honestly-received check make you feel like a criminal? The practice adopted by many U.S. banks to protect itself and its customers from fraud, though understandable from a loss prevention perspective, makes me uneasy.

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