You’ve heard of credit reporting agencies but did you know there are companies tracking your banking history and any money mistakes you make? Most banks look at your consumer report before allowing you to open a checking or savings account. If your record is not good, you could end up literally “blacklisted by banks.”
When it comes to banking, what’s your number one gripe? If it’s bank fees, you’re not alone. Banks are trying to make up billions lost when Congress capped the amount they could charge in debit card swipe fees. Some of the new fees they’re introducing may have you shaking your head!