Newspaper Articles – Bill Hardekopf

Consumer Financial Board Probing Bank Overdraft Practices

Bill Hardekopf
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June 13, 2013
The Consumer Financial Protection Bureau is now investigating bank overdraft practices since consumers paid $32 billion in overdraft fees in 2012.

Massachusetts Court Bars ZIP Codes at Checkout for Credit Purchases

Bill Hardekopf
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March 20, 2013
Consumers in Massachusetts no longer have to give their ZIP code information when making a credit card transaction.

Young Adults Have Fewer Homes, Fewer Cars, and Less Debt

Bill Hardekopf
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February 25, 2013
Young adults are carrying less debt than before the start of the 2008 recession, primarily because they own fewer major assets.

CFPB Wants to Know Impact of College-Marketed Financial Products

Bill Hardekopf
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February 11, 2013
The Consumer Financial Protection Bureau is launching an inquiry into the impact of financial products marketed to students through colleges and universities.

Credit Card Delinquency Rate Near 18-Year Low

Bill Hardekopf
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August 23, 2012
The delinquency rate on credit card accounts dropped during the second quarter of 2012 to its second-lowest level since 1994.

Another Swipe Fee Battle Unfolding

Bill Hardekopf
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February 12, 2012
Another major dispute over interchange fees could take place soon, this one centering on the swipe fee retailers pay on credit card transactions.

Debit Card Limits May Hike Credit Card Use—and Bank Profits

Bill Hardekopf
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October 11, 2011
Consumers are expressing outrage that some banks are beginning to charge monthly fees for the use of their debit cards.

Low Interest Rates Won’t Necessarily Hold Down Credit Card Rates

Bill Hardekopf
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August 16, 2011
The Federal Reserve announced Aug. 9 it plans to keep interest rates at a record low for the next two years.