Concerns About Prepaid Cards, Wal-Mart Dominate CFPB Town Hall
Written by: Jeanine Skowronski, MainStreet Staff Writer
NEW YORK (MainStreet) -- The Consumer Financial Protection Bureau hosted a town hall in New York City on Wednesday intended to elicit feedback on banks' overdraft policies, but the event's focus shifted when under-banked consumers took to the microphone to express discontent with their alternatives to traditional checking accounts, namely prepaid debit cards and check-cashing services.