Category Archives: NSF

Wall Street Attempts To Push Out Crowdfunding Lenders

Wall Street is stepping into a vacuum left by crowdfunder Lending Club by initiating a new consumer lending platform named “Marcus.” If you are invited to the party (with a code), you will be able to borrow up to $30,000 … Continue reading

Posted in Banking, Banks, Broker dealers, CFPB, checkbook, Congress, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, deposits, Dodd Frank, Funding Portals, NSF, overdraft fee, penalty, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Have You Stopped Balancing Your Checkbook?

The Consumer Financial Protection Bureau (did you know that federal agency existed?) fined Citizens Bank $7.5 million and ordered it to return $11 million to customers for keeping for a time customers’ deposits when their deposit slips did not match … Continue reading

Posted in balance, Banking, CFPB, checkbook, Citizens Bank, Consumer Financial Protection Bureau, Department of the Treasury, deposits, discrepancies, Dodd Frank, fine, fraud, insufficient funds fees, monthly maintenance fees, NSF, overdraft fee, penalty, review, unfair and deceptive practice | Leave a comment