Contact us for a free consultation Click to Call Phone 312-913-0630
Home » Blog

Tag Archives: banks

Can a Bank Actually Garnish Your Paycheck?

If you’ve gotten behind on your credit card payments, you’ve got to be frustrated about the high late fees and the increased interest rate your bank has hit you with. But that may not be the worst of your troubles. Did you know that your bank could go straight to your employer and force them… Read More »

How Credit Counselors Advocate for Banks

If you’ve accumulated a lot of credit card debt, you’ve probably had occasion to speak to your bank about it. Perhaps you asked them to forgive a late fee, or questioned why they raised your interest rate so impossibly high that you will never be able to pay off your balance. If you’ve had these… Read More »

How Bank Overdraft Fees Punish the Poor

Last year, CNN Money reported that the big three banks in the United States – JPMorgan Chase, Bank of America and Wells Fargo – had made $1.1 billion on overdraft fees in the first three months of that year alone. Obviously, overdraft fees are a big money-maker for the banks, but who is most likely… Read More »