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FDIC Announces a Quick Guide for Consumers on Credit, Debit and Prepaid Cards

March 9, 2012 Comments off

FDIC Announces a Quick Guide for Consumers on Credit, Debit and Prepaid Cards
Source: Federal Deposit Insurance Corporation

In observance of National Consumer Protection Week 2012 (NCPW), the FDIC has issued a guide to help consumers understand the differences between debit, credit and prepaid cards. The guide is intended to help consumers, who routinely use cards to pay for goods and services but who don’t always understand the differences in how these cards work or the applicable consumer protections. The quick guide and an accompanying list of 10 things to know about credit, debit and prepaid cards can be found at www.fdic.gov/ncpw.

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FDIC Consumer News — Spring 2011 — Special Edition: Shop and Save…at the Bank

July 21, 2011 Comments off

FDIC Consumer News — Spring 2011 — Special Edition: Shop and Save…at the Bank
Source: Federal Deposit Insurance Corporation

Getting a mortgage, checking account, or credit card with the most favorable terms is like finding a good deal on anything else: you better shop around. But knowing what to look for in an escrow account or overdraft program isn’t like trying on shoes. Bank products come with confusing terms, fine print, and potentially hefty obligations. A quick read that will put you on the right track is the short (8-page), free Spring 2011 issue of FDIC Consumer News: Shop and Save…at the Bank: A Buyer’s Guide to the Right Loan, Credit Card or Deposit Account.

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