Study reveals impact of overdraft fees on older Americans
The Center for Responsible Lending has published a report that reveals how unauthorized overdrafts fees strip $4.5 billion per year from Americans 55 and older. The study found that nearly $1 billion of that money comes from people who are heavily dependent on Social Security income.

Overdraft loans target low-income and fail to offer informed choice
A survey by the Center for Responsible Lending has found that most consumers want a choice about being enrolled in overdraft programs and that most would prefer their banks issue a "denial of funds" rather than an expensive overdraft loan. It also found that low-income consumers are often the target of these loans.

The Arbitration Trap: Credit Cards Companies Ensnare Consumers
Consumers who seek justice in disputes with their credit card companies shouldn’t expect to find it in binding mandatory arbitration (BMA); in cases decided in California by a major arbitration firm over a four-year period, consumers lost 94 percent of the time, according to a new Public Citizen report .