Bank disclosure documents are typically long and dense, making it difficult for customers to find important information about fees, terms, and conditions. Each year, Americans pay millions of dollars in overdraft penalties and other fees associated with their checking accounts, and most consumers are not aware of their options regarding overdraft.
Take our interactive quiz to learn more about bank disclosures and Pew’s recommendations to protect consumers and improve transparency.
- Date:
- October 9, 2012
- Contact:
- Samantha Lasky | 202.540.6390
- Project:
- Safe Checking in the Electronic Age
- Issues:
- Checking & Banking