Check cashing for the Unbanked

Q: I know you hate payday loan companies. Do you feel the same way about check-cashing companies? A: Check-cashing companies are not a good deal, but they’re nowhere near as bad as payday lenders. All check-cashing businesses do is charge a fee ...

Protect Yourself from Debt Collectors

Q: I’ve heard you say to never give collectors access to your checking account. Does that include payments with a debit card too? A: Absolutely! If you’re doing something like scheduling utility payments to come through your debit card or out of ...

Free Checking, Banking Era Could End Soon

Free checking could soon become an endangered species. New regulations are putting the squeeze on revenue that banks generated from overdraft charges and credit card fees. To make sure you’re not caught in their crosshairs, carefully