First Premier Bank preys on people with bad credit in the most heinous way possible, by gouging customers with huge fees and interest rates of 49.9% and some as high as 79%. This means, if you make a $500.00 dollar purchase that purchase would cost you almost $750.00 dollars. Read more
One Florida woman has spent months trying to convince JP Morgan Chase she is not dead. It's eight months later and the bank is (supposedly) looking into it -- after a lawsuit. Chase Bank was kind enough to send the family a condolence letter. Read more
Bank of America has millions of customers--making it seem impossible for two customers to have the same 10-digit account number, which should theoretically allow the bank billions of customers ever without duplicating a number. Read more
Chase Bank is accused of racial discrimination after a black man is wrongly jailed on forgery charges by its Auburn branch–the man simply trying to cash a legitimate cashier’s check issued by the bank itself. 28-year-old Ikenna Njoku spent 4 nights in jail, had his car impounded and lost his job after Chase bank officials inexplicably had him arrested at a Washington branch. Read more
If you can rob a bank, you've got cash for cab fare home--or, at least, to work. The FBI has has busted a Miami man its says robbed Bank of America's Hallandale Beach branch while dressed in a suit and tie--then took a taxi to his job. His place of employment: A barber shop where, of course, no one was paying attention to what he was doing. Read more
A hedge fund manager is accused of poor returns: An ATM receipt shows a $100 million balance--for an account bearing just 1 percent interest annually. A Capital One bank customer left behind the evidence after paying the bank's $2.75 fee to withdraw $400 bucks in cash. Read more
American money takes big bucks to produce: it's a cash business, with the U.S. Mint losing 22 million dollars in the Treasury's production of 2009 pennies and nickels. Read more
Vying for title of worst: Continental Finance MasterCard. After all fees are collected, account holders get a credit limit of about a whopping fifty bucks to blow. Read more
Lose a wallet with an Amex credit card and have that lost card info called into American Express by a kind and ethical citizen--who never charged a penny to the card--but don't expect Amex to reward its own customer with any courtesy telephone call. It seems that extends beyond the company's touted services. Read more
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