Media Coverage
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- Media Coverage
- Prepaid Cards Research Project
- Source: Time Moneyland
Which Cost Less: Checking Accounts Or Prepaid Debit Cards?
Unless you’re a whiz at managing your money, a checking account is going to cost you more than a prepaid debit card, a new report concludes. In a new study, the Pew Charitable Trusts looked at 52 prepaid debit cards
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- Media Coverage
- Safe Small-Dollar Loans Research Project
- Source: Allentown Morning Call
Payday Lending for Pennsylvania?
According to a new report by the Pew Charitable Trusts, payday loan borrowers spend $7.4 billion annually at 20,000 storefront lenders and websites. But the report also concludes that the industry is fraught with risks for consumers. more
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- Media Coverage
- Safe Checking in the Electronic Age
- Source: Cleveland Plain Dealer
Local Banks Charge Higher Checking Fees; Some Even Charge To Mail You a Statement
Bank fees are becoming a heightened issue because of campaigns like the one by the nonprofit Pew Charitable Trusts, which has been pushing banks and credit unions to make it easier for consumers to know in advance how much it will cost them to do business with a particular bank. more
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- Media Coverage
- Economic Mobility Project
- Source: The New York Times
America Losing Sight of the Future
A recent analysis by the Pew Charitable Trusts concluded that “Americans raised at the top and bottom of the income ladder are likely to remain there themselves as adults.” The study found that two-thirds of Americans end up in the exact same quintile of the income distribution as their parents, or below it. more
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- Media Coverage
- Prepaid Cards Research Project
- Source: New York Times
New York Times: Weighing Prepaid Cards vs. Checking Accounts
Prepaid cards can be a better deal than checking accounts for some people, but the cards need more consumer safeguards, a new report from the Pew Charitable Trusts finds
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- Media Coverage
- Prepaid Cards Research Project
- Source: Reuters
Reuters: Prepaid Debit Cards Should Be More Heavily Regulated – Study
Prepaid debit cards, which are popular with consumers who are too poor for checking accounts, are too lightly regulated and should face more restrictions, according to a study released by Pew Charitable Trusts released on Wednesday.
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- Media Coverage
- Prepaid Cards Research Project
- Source: NBC News
NBCNews.com: Prepaid Debit Cards May Not Be So Bad After All
Prepaid debit cards—criticized by many consumer groups for high hidden fees -- may actually be a cheaper option for some Americans, according to report released Wednesday from the Pew Charitable Trusts. more
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- Media Coverage
- Safe Checking in the Electronic Age
- Source: Los Angeles Times
Banks simplifying checking account disclosures
Bowing to pressure from consumers and Congress, major banks are simplifying the information they provide to customers about their most basic product — the checking account. Bank of America Corp. said Wednesday that it was adopting plain language disclosures that
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- Media Coverage
- Safe Checking in the Electronic Age
LA Times: BofA joins Chase, Citibank in Simplifying Checking Disclosures
Pressured by consumer advocates and Congress, most of the nation's big banks are now providing consumers a one page form listing basic terms and conditions for checking accounts, with Bank of America Corp. the latest to join the trend.
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- Media Coverage
- Children's Dental Campaign
NYT: Sharp Cuts in Dental Coverage for Adults on Medicaid
Banned from tightening Medicaid eligibility in recent years, many states have instead slashed optional benefits for millions of poor adults in the program.
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