Your voice was heard! Bank of America announced that it will not charge its proposed $5 monthly debit fee.
So, stop and give yourself a pat on the back.
Help us pre-empt new fees with a quick "Thank you" message to Bank of America's CEO -- "Thank you for dropping this fee, but don't plan on gouging me in a different way for holding my money for me."
Congress and regulators -- as well as individuals -- have an important role in curbing credit card market misbehaviors. Ensure that you have all the information you need to avoid getting trapped by debt.
Having good credit means you should have more options to borrow money at the lowest cost and from the best lenders. It also means that others who look at your credit are less likely to turn you away or penalize you.
Eligibility: Currently applies to identity theft victims, including persons who receive a notice of a security breach of computerized personal information. Beginning September 1, 2008, all consumers will be eligible for the freeze. Fees: No fees for identity theft victims or seniors aged 65 years and older. Once all other consumers become eligible in September 2008, they will pay $10 to place the freeze, lift it temporarily, or remove it altogether. Effective date of law: July 24, 2005 for identity theft victims; September 1, 2008 for all consumers Permanent freeze remains until removal requested by consumer. Copy of Washington's security freeze law Instructions for using Washington's security freeze law from WA's Attorney General