The Daily Dollar

Defend Your Dollars is the website of the Consumers Union Financial Services Campaign, where we support reforms to the financial marketplace to curb bad practices by banks and lenders.

Tell the Fed Stop New Credit Card Ripoffs!
Posted by Tim at 11/20/09 03:56 PM

We outline the newest ripoffs and what the Fed should do about it. Read more »

Credit Card Freeze Bill ... Frozen
Posted by Tim at 11/19/09 02:23 PM

Republican blocked a bill that would move up the effective date of the CARD Act Read more »

Lifting the Veil on Loan Modifications
Posted by Tim at 11/18/09 09:37 AM

By CU Senior Attorney, Norma Garcia Read more »

More lawyers in trouble for foreclosure activities
Posted by Tim at 11/16/09 10:45 AM

By Norma Garcia, Senior Attorney Read more »

OPT-IN VICTORY !!!
Posted by Tim at 11/12/09 11:58 AM

Fed Releases New Rules On Debit Card Overdrafts Includes Opt-In. Great news for consumers. Read more »

Protect Your Holiday Spending
Posted by Michelle at 11/11/09 03:43 PM

The way you pay for your best friend's gift this holiday season can make a big difference, especially if something goes wrong. Read more »

Senate Bill To Protect Consumers, End Too Big To Fail and Create Fiancial Stability
Posted by Tim at 11/11/09 02:11 PM

The Senate Bill to establish the Consumer Financial Protection Agency is 1136 pages long. Ugh. Here is the 11 page crib note version. Wohoo! Read more »

Back to Basics: Checkholds
Posted by Michelle at 11/04/09 04:20 PM

Although the number of checks are declining rapidly, we still get a number of questions regarding checks, or more specifically, calls from frustrated consumers on checkholds. Read more »

Creative credit cards are a bummer
Posted by Lauren Zeichner Bowne at 11/03/09 04:15 PM

Credit card companies are finding creative ways to milk their customers. Read more »

Freeze Credit Card Rates Now!!! Dodd introduces bill
Posted by Tim at 10/27/09 11:49 AM

Dodd Introduces Bill to Immediately Freeze Credit Card Interest Rates- Give Consumers What they Deserve Read more »

Move up the effective date on the CARD Act- Give the People What They Want!
Posted by Tim at 10/27/09 11:38 AM

Senate bill would move up the effective date of the CARD Act giving much needed consumer credit protections sooner. Read more »

CFPA Passes Out Of Committee
Posted by Tim at 10/22/09 12:35 PM

An agency that looks out for consumers not banks and credit card companies heads to the House floor for a vote Read more »

The Fallacy of the Wall Street Journal’s Article on ID Theft
Posted by Tim at 10/19/09 04:25 PM

Guest Blogger: Jaimee Napp, Executive Director of Identity Theft Action Council of Nebraska posts her opinion about the WSJ's latest take on ID Theft Read more »

Dodd introduces the best overdraft protections yet
Posted by Lauren Zeichner Bowne at 10/19/09 01:48 PM

Senate will consider stronger protections for overdraft. Fed overdraft rule expected in November. Read more »

Call Bank of America—Opt Out of Automatic Overdraft!!
Posted by Lauren Zeichner Bowne at 10/19/09 10:00 AM

Bank of America will now let you Opt Out. Take advantage of this opportunity! Read more »

More Consumer TV- Reverse Mortgages
Posted by Tim at 10/16/09 04:10 PM

CU's Norma Garcia explains reverse mortgages and how you can find out if they are right for you Read more »

Chase responds to CU’s request to stop messing with minimum payments.
Posted by Lauren Zeichner Bowne at 10/15/09 01:00 PM

Chases responded to our request to restore consumer’s minimum payments. Give them a call back! Read more »

Preemption Pains
Posted by Tim at 10/14/09 04:46 PM

National Governors Association push for end of federal preemption to protect consumers and prevent world economic collapse. Sounds like a good idea. Read more »

Austan Goolsbee explains the CFPA
Posted by Tim at 10/09/09 09:24 AM

My favorite Whitehouse adviser makes a clear case for the CFPA. Read more »

Law Profs Call for the CFPA
Posted by Tim at 09/29/09 03:14 PM

Over 70 law faculty from across the nation call on Congress to create a Consumer Financial Protection Agency. Read more »

Win Count: Consumers 1 Banks $700 Billion
Posted by Tim at 09/25/09 12:04 PM

Banks ease policy on overdrafts due to consumer pressure. Now is the time to get involved. Read more »

Big news--Two banks reduce but don't end outrageous overdraft fees.
Posted by Gail H. at 09/23/09 09:29 AM

Two big banks have announced changes in their checking account overdraft fees that will end what consumer advocates have called "the $35 cup of coffee" - for some people, some of the time, starting either in October or early next year. UPDATE: Wells Fargo changes policy on overdrafts as well. Read more »

Back to Basics: The Bank Account
Posted by Michelle at 09/22/09 01:41 PM

What should a consumer look for in a bank account? Read more »

CFPA Flow Chart Awesomeness
Posted by Tim at 09/17/09 12:45 PM

The Consumer Federation of America provides a great flow chart example of why the CFPA is better. Read more »

Calling all creative shutter bugs!
Posted by Tim at 09/15/09 02:27 PM

Consumers Union needs some fantastic photos for our Defend Your Dollars blog posts that represent the variety of financial consumer issues that affect your life. Read more »