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Convert Bank Data - CSV to QIF

If you download bank transactions into any program or online service, you know that you have to use specific file types. What if your bank doesn't give you what you need? Geeky Chick describes her struggle to convert CSV to QIF ("when your bank is too lazy or stingy to do it for you&q...

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About.co... / Loans — 17 hours ago

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Banks Crack Down on Reward Checking "Abusers"

Banks with reward checking accounts are taking a closer look at customers to see if they're profitable. Bankdeals shares a recent example, where a bank asks customers to get with the "spirit" of the program. Reward checking accounts can pay more than a savings account or CD.&nb...

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About.co... / Loans — 6 days ago

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Taxes Don't Pay for Bank Failures

In the wake of 2009's 100th bank failure, the FDIC is trying to get the word out: taxpayer money does not cover FDIC insured deposits. Sheila Bair stressed yesterday that FDIC insurance funding comes from contributions of member banks. FDIC insured banks pay into the fund in case o...

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About.co... / Loans — October 27

6 Votes vote

Over 100 Bank Failures in 2009

We reached the unfortunate milestone of 100 bank failures for the year on Friday. The count valuted to 106 after 7 banks went under. Given predictions made last year, that's not as many as I'd have expected by now. Experts still predict we have several hundred more to come as a result of...

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About.co... / Loans — October 25

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Peer to Peer Lenders Target Washington

P2P lending is a good option if you need a loan. It's not the only option, and you should still compare offers from traditional banks and credit unions. However, it's been more and more difficult for individuals and businesses to get money from traditional lenders. While peer to peer ...

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About.co... / Loans — October 23

2 Votes vote

Overdraft Reform Moving Forward

Banks ding you when you spend more than you have, and the dinging has gotten ugly. Overdraft charges have been in the headlines lately. Banks recently eased up on overdraft policies, but they're still under fire from lawmakers. The fees can be abusive, and the people who pay most of ...

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About.co... / Loans — October 20