Media Coverage
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- Media Coverage
- Safe Checking in the Electronic Age
- Source: CBS This Morning
CBS This Morning: Checking Rules Harm Consumers
A new study shows how your zip code can determine how much you pay in checking account fees. CBS News business and economics correspondent Rebecca Jarvis reports. more
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- Media Coverage
- Safe Checking in the Electronic Age
- Source: New York Times
New York Times: How Checking Account Fees and Terms Vary by State
No one likes to pay bank fees. And they are even more annoying when it is clear that the amount and variety of fees can vary depending not only on where you bank, but also on the state where you live. more
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- Media Coverage
- Safe Checking in the Electronic Age
- Source: Reuters
Reuters: Wal-Mart, Amex Take on Banks With Low-priced Debit Card
Wal-Mart Stores Inc and American Express Co are teaming up to offer a prepaid debit card called Bluebird to target lower-income shoppers who may not have bank accounts. more
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- Media Coverage
- Election Initiatives
- Source: All Things Considered
NPR: Voter Registration Deadlines Begin Passing This Week
If you want to vote in the November elections and you aren't registered yet—you'd better hurry. The registration deadline in five states is this weekend. By the following weekend, the deadline will have passed in more than half the states.
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- Media Coverage
- Source: Bloomberg News
Bloomberg News: U.S. States Teetering on Brink of Fiscal Cliff, Ganeriwala Says
The possibility of automatic federal budget cuts threatens U.S. states’ well-being, even as their revenue recovers, said Manju Ganeriwala, the incoming president of the National Association of State Treasurers. more
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- Media Coverage
- Economic Mobility Project
- Source: National Journal
Horatio Alger, RIP
There is also growing—though still nascent—evidence that from one American generation to the next, mobility is declining. more
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- Media Coverage
- Safe Checking in the Electronic Age
- Source: Time Magazine
More Evidence That We’re Getting Hammered With Bank Fees
It's hard to tell which is piling up faster — the fees bank customers have to pay these days or the research showing just how pervasive these fees are. more
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- Media Coverage
- Prepaid Cards Research Project
- Source: C-SPAN
C-SPAN: Prepaid Cards
Susan Weinstock talks about the increased use of prepaid/debit payroll cards and the associated risks and benefits. more
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- Media Coverage
- Safe Small-Dollar Loans Research Project
- Source: The Patriot-News
Pa. Senate panel Hears Testimony About Proposed Payday Lending Law
A controversial bill that would create a friendlier environment for payday lenders to take up residence in Pennsylvania is vying for Senate action this fall. more
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- Media Coverage
- Safe Small-Dollar Loans Research Project
- Source: Patriot-News Editorial Board
It's a No-Brainer: Payday Lending Bill Shouldn't Be Passed in Senate
“Payday loans are sold as two-week credit products that provide fast cash, but borrowers are actually indebted for an average of five months per year,” concludes a Pew research report. more
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- Media Coverage
- Safe Small-Dollar Loans Research Project
- Source: Pittsburgh Post-Gazette
Data Detail Payday Loan Costs
State regulatory data show that low-income borrowers who use payday loans take out an average of eight payday loans a year, which costs them about $520 annually in interest on those loans that average $375 each, according to a study released Wednesday by the Pew Charitable Trusts. more
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- Media Coverage
- Children's Dental Campaign
- Source: ABCNews.com
ABCNews.com: Dental Care Has Decayed for Low Income Families
Like millions of Americans, Miami resident Claribel Agramonte could not afford dental insurance, so she looked for an inexpensive dentist to fix her 14 year old daughter's broken tooth. A friend recommended Humberto Francisco Perez, an 81 year old "backyard dentist" who said he could do the work on the cheap. Police say Perez left the girl permanently disfigured.
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- Media Coverage
- Economic Mobility Project
- Source: New Jersey Star-Ledger
Occupy Wall Street Movement Has Faded, But the Frustration Lives On
Today's half-hearted demonstrations marking the birthday of the Occupy Wall Street movement served as a reminder that catchy slogans and funny hats do not add up to a political movement. more
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- Media Coverage
- Economic Mobility Project
- Source: U.S. News & World Report
Study: Baby Boomers Are Not Stealing Younger Workers' Jobs
Baby Boomers are ruining it for everyone else, taking up all of the jobs and making life tougher for younger workers.
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- Media Coverage
- Safe Small-Dollar Loans Research Project,
- Prepaid Cards Research Project
- Source: Wall Street Journal
Wall Street Journal: Footnote to Financial Crisis: More People Shun the Bank
The Russell family of Kirkland, Wash., makes about $230,000 with Charles Russell, 43 years old, working as a systems analyst for Microsoft Corp. According to the U.S. Census Bureau, that puts them among the top 5% of American households. But their affluence might not be apparent based on the way Mr. Russell conducts his personal finances. He has no bank account, having dumped it due to irritation over fees and overdraft penalties. Instead, for more everyday transactions he uses a debit-card offered by NetSpend Holdings Inc.
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