Fights over tribal payday lenders show challenges of financial reform

By Michael Hudson and David Heath

High-interest payday lenders are teaming up with Native Americans to shield their online businesses from lawsuits and consumer-lending regul

Excerpts from this story referencing "bank customers":

"… ders are a bargain compared to the 3,500 percent annual interest rate that bank customers can shell out for a two-week, $20 overdraft.The Santee Sioux Nation said i …"

Customers close accounts to protest Wall Street, abusive lending practices

Angry at Wall Street over the financial crisis and consumer credit practices seen as predatory, some consumers have opted to close their acc

Excerpts from this story referencing "bank customers":

"… worth the change.”Soaring Interest Rates, No More Free CheckingHow many bank customers have fired their bank as an act of protest?A Zogby Interactive poll from l …"

"… changed to one with a $7.50 monthly fee — the promise rings hollow.These bank customers make up the much larger pool of consumers who are angry at the banks for p …"

Reform reading: SEIU, ProPublica, Columbia Law School

Ben Hallman recommends financial reform news from around the web....

Excerpts from this story referencing "bank customers":

"… Service Employees International Union has launched a campaign to encourage bank customers to inform those workers of their rights.And what is the best way to do thi …"

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Reform reading: Big banks take on CFTC over policing of derivatives

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law. ...

Excerpts from this story referencing "bank customers":

"… A shares have slumped 18 percent since he took over; more than 1.3 million bank customers are behind on their mortgage payments; and BoA will soon dedicate 30,000 e …"

Credit union study of swipe costs adds confusion to debit fee battle

By Amy Biegelsen

Big credit unions say processing costs 2 cents per swipe, lower than Fed's planned 12-cent cap

Excerpts from this story referencing "bank customers":

"… Bankers Association President Frank Keating warns that under the Fed cap, bank customers will pay more for services like checking accounts to make up for the loss …"

Investor protections imperiled by Wall Street, GOP assault on financial reform

By John F. Wasik

Wall Street and GOP assault consumer protections in Dodd-Frank reforms

Excerpts from this story referencing "bank customers":

"… CFPB) and an SEC Office of the Investor Advocate, both designed to protect bank customers and small investors with a new arsenal of police.  It also ordered th …"