Illustration for article titled Responsible Lending Checklist Rates Your Bank on Its Fairness

How does your bank stack up against others? How do you know what to ask so you don't hit surprise fees and costs? The Center for Responsible Lending has a worksheet with red and green flags for your inquiring mind.


Ideally, you'd have this checklist of questions, ideal answers, and red and green flags in front of you when you were looking to switch. It moves through the major ways that banks can burn customers on lending, checking accounts, credit cards, and other fees. But even if you're pretty settled into your bank, reading through the questions provides you with ammunition for negotiating your way out of some pretty harsh practices, like recurring zero balance fees, or not making the ability to link your savings account to checking for overdraft purposes all that clear.

Bank Guide [Center for Responsible Lending via The Consumerist]


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