RI's unemployment card fees questioned

Rhode Island lawmakers want more information on fees charged by the bank that administers debit cards that give out state unemployment benefits.
   
The state Senate voted last week to ask Gov. Lincoln Chafee  to review JPMorgan Chase’s fees. They are charged for ATM balance inquiries, debit purchases and repeat cash withdrawals.
   
Sen. William Walaska says unemployed residents shouldn’t have to pay to access money set aside to help them.
   
Most states allow the fees, but a study last year by the National Consumer Law Center concluded that Rhode Island has one of the nation’s “more problematic fee structures.”
   
JPMorgan Chase declines to comment. The state’s contract is up for renewal, and Walaska says officials should select a local bank to operate the system.

Article source: http://www2.turnto10.com/news/2012/feb/20/ris-unemployment-card-fees-questioned-ar-938791/

Leave a Reply

WP2FB Auto Publish Powered By : XYZScripts.com
Bunk Beds