Now, Dodd-Frank was put in place supposedly to "protect" consumers from those mean predatory banks and lenders, right? Gee, that didnt work out too well. Turns out if you disallow companies from making money one way, they have to find another way to make money or they go out of business. And now with "Too big to fail" firmly enshrined thanks to Obama Administration moves, they have to make more money by sticking it to consumers. Just what we were promised Dodd Frank would end. Oops.
ATM fees hit record high, free checking accounts decline - Yahoo! Finance
ATM fees hit record high, free checking accounts decline - Yahoo! Finance