Related Consumer Finance Programs - The following sub-directories of companies offer a wide variety of financial programs to assist you with the management of your finances. Consolidate debt with a consolidation loan or use a debt counseling service or mortgage refinance for help with the consolidation of your charge card debt and other monthly payments.
- Debt Settlement Company - If you have a large amount credit cards and other unsecured debts, and have fallen behind your payments, this form of debt negotiation may be the right option for helping you with your financial problems.
- Need Personal Loan - Need a smaller loan? Personal loan financing is most often unsecured. Meaning... your home or personal property is not used as collateral and the loan decision will typically be based upon your credit history and your ability to make the necessary payments. Also, this is often referred to as a signature loan.
- Debt Consolidation Help - Learn about the debt consolidation process and review detailed listings for lenders and services offering to help consolidate your debts.
A Shopper's Guide to Bank Products and Services
A Basic Shopping List for Bank Customers
We asked Janet Kincaid, FDIC Senior Consumer Affairs Officer, for a simple game plan most people could follow to make sure they're getting a good deal for the right services.
Periodically review your existing accounts. "Every few years, or when you believe your financial needs have changed, talk to a customer service representative at your bank to make sure you're signed up for the right kinds of accounts and features." Kincaid said. "For example, if you tend to carry a balance on your credit card, find out if can qualify for a card with a lower interest rate. Or, find out if your bank offers special deals if you maintain certain balances or use additional services, such as direct deposit of your paycheck."
At the same time, compare your bank's products and services with those of competitors. "Don't be afraid to shop around," she said. "If nothing else, you'll want to know that the rates, fees and services at your existing bank are at least comparable to what's out there in the marketplace and, most importantly, that they still meet your needs."
Always read and save the most recent "disclosures" you get about your accounts. Knowing the features, fees and limitations—before you open the account and later as you conduct business—can prevent misunderstandings and costly mistakes. "We always say to read the disclosures," Kincaid stressed. "Make sure you know exactly what you are getting and paying for and what you are not."
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Summer 2005 | Buying Power | Internet Banking | Account with Gift | Financial Supermarkets | Shopping List | FDIC Help |
FDIC Consumer News is published by the Federal Deposit Insurance Corporation
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Last updated on 5/17/2005