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Bank Switch Kit and Checklist

by Flexo
Broken piggy bank

With Wells Fargo changing their policies to be less consumer-oriented this week, I’ve received several questions about the logistics switching banks. In previous decades, closing your account at one bank and opening an account at another was a simple process. All that was required was to walk into one branch, ask to close your account, ... Continue reading this article…

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Year-End Personal Balance Sheet, December 2011

by Flexo
Net worth balance sheet, December 2011

I’ve spent the last decade of my life focused on my finances. I started because I had no money and a job that was taking more from me than it was providing in income. I knew I had to make some changes if I wanted to build any kind of future for myself. Soon into ... Continue reading this article…

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Wal-Mart Offering Check Cashing Services

by Flexo
Wal-Mart

Many Wal-Mart locations around the country now have Money Center departments. These developments create an incredibly convenient way to take your paycheck into the store, have it cashed at the Money Center, and use your cash for your shopping trip. With Wal-Mart’s trend to become a one-stop shop for all household needs, including groceries, each ... Continue reading this article…

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Banks Offering Remote Deposit

by Flexo

Almost ten years ago, the government passed a law that made electronic images of paper checks just as legitimate as the paper checks themselves. As banks implemented the law, it saved time and money by allowing banks of first deposit to scan checks after a customers deposit them for verification with the originating bank. With ... Continue reading this article…

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The Best Online Checking Accounts, May 2012

by Flexo

As consumers grow increasingly frustrated by the checking account options offered by traditional banks, more are seeking out the best online checking accounts for better interest rates and service. Large banks like Wells Fargo and Bank of America are continuing to add fees, such as debit card fees, and are not concerned with scaring the ... Continue reading this article…

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Smithee Update: Six Months in San Diego

by Smithee

This article is by Consumerism Commentary staff writer Smithee, who is juggling about a dozen clients and creative projects as a freelancer. It’s been a year since I was laid off and decided to become a full-time freelancer, and it’s been six months since my wife and I made a risky decision to move the ... Continue reading this article…

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10 Tips for Avoiding Overdraft Fees

by Flexo
Nickel and Dime

Bank of America is settling the overdraft fee class-action lawsuit that alleges the bank knowingly manipulated customers’ deposits and withdrawals in order to maximize the fees they would receive. Although the banks aren’t completely to blame for the proliferation of overdraft fees, policies were so much of a problem that the government and regulators needed ... Continue reading this article…

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ING Direct Now Offers Paper Checks

by Flexo
ING Direct

The internet is a-twitter with the news that ING Direct is now offering paper checks to accompany its Electric Orange “paperless checking” account. Apparently, customers have received emails from the bank confirming this long-needed enhancement, but I have not received an email yet. A box of 50 checks costs $5 through the ING Direct website. ... Continue reading this article…

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