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Tag: "debit card fiasco"

[ 0 ] Oct. 24, 2011

The Debit Card Debacle: A Teachable Moment for Family Financiers

By Sharon Lechter What can $5 buy you these days?  In Bank of America’s case, a perfect storm. The backlash that ensued was fast and furious when BOA – the nation’s largest bank – announced the new $5 monthly fee on debit card customers. Whatever your opinions, I’m encouraged by at least one unintended consequence […]

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