this post was submitted on 10 Feb 2025
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... Let’s start with some of the small stuff that will now change. Rules against excessive overdraft fees? Gone. A rule capping credit card late fees? Gone. Oversight of debt collectors and payday lenders? No more. An honest site to compare credit card products? Likely gone...

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[–] Fetus@lemmy.world 18 points 2 days ago (1 children)

Reading your list there, and they all sound like poor people problems. Have you thought about being rich instead?

[–] modifier@lemmy.ca 15 points 2 days ago (1 children)

Bracing for all of the financial services companies to vigorously self-regulate in an attempt to compete for consumer goodwill.

Aaaaaaaany minute now. Just watch.

Aaaaany minute.

[–] shoo@lemmy.world 5 points 2 days ago

Come on everyone! If we clap real hard the Free Market Fairy will come back to life! 🧚‍♀️💸

[–] Inucune@lemmy.world 2 points 2 days ago

Ay, let's do a bank run. Get your coffee cans ready.

[–] Albbi@lemmy.ca 2 points 2 days ago (1 children)

I wonder if Americans can switch to a Canadian bank if things get bad. I know there are US dollar accounts you can open.

[–] rbos@lemmy.ca 1 points 2 days ago

I believe TD Bank has US presence. But they would be operating under USA rules.