What Bank of America Just Told the SEC About Its Money-Laundering Consent Order
In February, Bank of America told the SEC this compliance matter would not be “material.” In July, it said resolution may include monetary penalties.
Bank of America
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Bank of America 7-Eleven ATM Fee Settlement: How to File Your Claim Before the June 29 Deadline
Bank of America is paying $2.25 million for double-charging ATM fees at 7-Eleven stores. If you had a BofA account between May 2018 and November 2021, file your claim at OONFeeSettlement.com before June 29, 2026.
The E-Shaped Economy: Why the Middle Class Is Feeling Broke
What Is the E-Shaped Economy — and Why Does It Matter to You?The economy can look healthy on the surface — stock markets hitting highs, unemployment numbers low, consumer spending up. But if you zoom out, you see an E-shape: three tiers pulling in different directions at once. The top tier (roughly the wealthiest 10%) …
The E-Shaped Economy: Why 52% of Americans Are Falling Behind While Everything Looks Fine
Bank of America data reveals three Americas: the top 19% thriving, the middle 52% treading water, the bottom 28% drowning. Consumer sentiment just hit a 74-year low — here’s the math the headlines hide.
36% of Americans Plan to Use Their $4,000 Tax Refund to Pay Off Debt — Here’s the Right Order
More Americans struggled with debt in 2025, and 36% plan to use their 2026 tax refund — projected to average $4,000 — to pay it down. Here’s the right order to maximize every dollar and avoid the most common mistake.
Grandma Lost $700K to Scam. Should Her Bank Have Stopped It?
An 86-year-old NYC woman lost nearly $700,000 to a gold bullion scam over nine months. Three banks processed the unusual transactions without intervention. She is now suing Merrill Lynch, TD Bank, and UBS for negligence.
Bank of America Double-Billing Class Action: Check Your Statements
A class action lawsuit alleges Bank of America’s automatic payment system charges customers twice when they pay their credit card balance early. One plaintiff claims he was overcharged more than $2,000. Here’s how to check if you’re affected.
Should You Take That Credit Card Settlement Offer?
Steve Rhode and Damon Day break down debt settlement reality: when creditors actually offer deals (hint: not when you’re current), the 1099-C tax trap and…
Debt Solutions: When They Help and When They Hurt
Steve and Damon demystify debt relief options—Dave Ramsey, credit counseling, debt settlement, and bankruptcy—explaining how each really works and what they…
Build Wealth Easily: The Stupid Simple Millionaire Approach Even if You Are in Debt
Steve Rhode and Damon Day reveal the surprisingly simple approach to building wealth that doesn’t require Wall Street expertise. Drawing on decades of…
