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Tag Archives: washington post

Pesky Credit Card Customers Pay Bills on Time, Stay Within Spending Limits

While reading the Washington Post website this morning I noticed a report that Capital One is suffering thanks to better cardholder behavior. I guess good news for consumers is often times bad news for banks.
It seems that Capital One’s customers have become better at paying their bills on time and not going over their limits. [...]

Fees Rise as Bank Revenues Drop

Wondering how banks are coping with the recession? Easy: They’re dipping deeper into the pockets of consumers who make banking mistakes.
The Washington Post yesterday reported on a topic we’ve covered in depth: increased banking fees.
Customers are paying more to maintain a checking account and withdraw cash from an out-of-system ATM, and when they bounce a check. To [...]