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No Such Thing As a Free Check.

Authors :
Sloan, Allan
Source :
Newsweek. 11/18/2002, Vol. 140 Issue 21, p56. 1p. 1 Color Photograph.
Publication Year :
2002

Abstract

Discusses why it is in banks' best interests to offer free checking accounts. Popularity of free checking accounts in the United States as of November, 2002; How banks make money by charging overdraft fees; Comparison of overdraft loan rates to those of so-called payday loans.

Subjects

Subjects :
*CHECKING accounts
*BANKING industry
*OVERDRAFT banking
*BANK loans

Details

Language :
English
ISSN :
00289604
Volume :
140
Issue :
21
Database :
Academic Search Index
Journal :
Newsweek
Publication Type :
Periodical
Accession number :
7853232

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Authors Abstract Subjects Details