Banks have embraced consumer banking and really want to attract that business. They're starting to realize there's a fine line between generating fee income and alienating customers.
More Quotes from Greg McBride:
In 2002, rates on both types of cards are nearly certain to rise. Even fixed-rate cards are no shelter. The jockeying around to find a low-rate card is really only half the equation, ... The real thing to do is pay down debt.Greg McBride
The best accounts continue to be those offered by Internet institutions. Better still was the fact that half of the best Internet accounts were truly free -- no monthly service fee and no per-item fees regardless of the balance maintained.
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You can wind up in an unenviable position, selling your home and writing -- rather than receiving -- a big check.
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These are really drawing investors attention, because for the first time in years, you are actually earning something after inflation.
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Think of all the demands on each of your paychecks. There are bills that have to be paid, you have to manage your debts, hopefully pad your savings a bit and still save for retirement.
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It's a much better deal for someone who thinks they'll be in their house for, say, only eight years.
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Based on Topics: Business & Commerce QuotesBased on Keywords: alienating
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