The rule announced Thursday would require big banks and credit unions to slash long criticized high overdraft fees from $25 ...
The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...
Under the new policy, banks can choose between one of three options to replace their old overdraft rate, which could have ...
Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...
Several new laws go into effect on Wednesday — and one of them could impact your wallet. The law will prevent state-chartered ...
While the Consumer Financial Protection Bureau seeks to cap overdraft fees, banks and credit unions are fighting the effort.
See how we rate banking products to write unbiased product reviews. Overdraft fees are fees you pay when you spend money that you don't have in your checking account. These fees can be expensive ...
We previously posted an article about a proposed rule that could drastically affect the courtesy overdraft services offered ...
In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans ...
Our goal should be to bring more of the unbanked into the traditional banking sector.
Discover what overdraft protection is, how it works, and whether it’s right for you. Learn the benefits and potential ...