Today’s episode of the Consumerism Commentary Podcast features two guests. First, Tom Dziubek talks to Preeti Vissa of the Greenlining Institute about the organization’s recent study on bank overdraft fees.
Tom’s second guest is Atakan Cetinsoy, Vice President of Corporate Development and Personal Finance Products at the personal financial management website, moneyStrands. Atakan explains moneyStrands and how it differs from other personal financial management websites like Mint and Quicken Online.
Bank Overdraft Fees, Preeti Vissa; moneyStrands, Atakan Cetinsoy
Production/Segment: S03E04 / 72 & 74
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Table of contents
[00:00] Introduction from Tom Dziubek
[00:37] Interview with Preeti Vissa
– [00:50] Explaining the Greenlining Institute
– [01:28] GI’s interest in bank overdraft fees
– [02:06] The people most affected by overdraft fees
– [02:28] The meaning of “unbanked”
– [03:28] The re-ordering of fees
– [04:33] Opt-in regulation
– [07:27] Opting out of banks entirely
– [08:13] Additional regulation recommendations
– [09:29] Her report and how it relates to other states
[10:57] Interview with Atakan Cetinsoy
– [11:16] Explaining moneyStrands
– [12:03] Relationship with Strands
– [13:30] How moneyStrands differs from other sites
– [16:14] The social aspect of moneyStrands
– [18:27] Impact of sites like moneyStrands on online banking
– [20:43] The moneyStrands mobile app
[22:40] End
We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.
Updated February 6, 2012 and originally published May 16, 2010. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.
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Luke Landes founded Consumerism Commentary in 2003 and has been building online communities since 1990. Luke, also known as Flexo, has contributed to PC World Magazine, US News, Forbes, and other publications. 
