The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars. The ...
I’ll never forget being a naive, 18-year-old fresher, checking my bank account at the end of the month to see if I had enough money to go to the pub after uni. Usually, after rent, splitting bills ...
The Consumer Financial Protection Bureau announced a new rule proposal that would limit overdraft fees banks charge on consumers. The rules would apply to most large banks and lenders — those holding ...
After several years of steady declines, overdraft charges at the country's largest banks are climbing again, pulling billions ...
Since taking office in 2021, President Joe Biden has called for increased limits on bank fees for bounced checks and account overdrafts while also proposing new rules aimed at eliminating junk fees ...
Are more $38 cups of coffee on the horizon? The Consumer Financial Protection Bureau has opened a review of the decade-old federal "overdraft rule," which regulates how banks charge fees when their ...