Navigating the world of loans can be tricky, especially when it comes to understanding the various types available ...

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 ...

The Consumer Financial Protection Bureau has passed a rule limiting overdraft fees banks can charge, continuing the Biden administration's crackdown on junk fees that affect consumers on everyday ...

(NewsNation) — A new rule from the Biden administration would cap overdraft fees at $5, lower than the average of $26 in 2023. The new rule was released Thursday by federal regulators and is part of ...

Big banks and credit unions that dominate the financial landscape would only be able to charge $5 for overdraft fees or face much tighter restrictions under a final rule by regulators. Under the ...

In today’s competitive business environment, access to timely finance plays a crucial role in sustaining operations and ...

The Consumer Financial Protection Bureau proposed a rule on January 17 that would require financial institutions to offer more disclosures about overdraft fees and potentially limit the charges to as ...

Large bank overdraft fees may become a thing of the past as part of the Biden administration's push against so-called “junk fees.” The Consumer Financial Protection Bureau this week announced proposed ...

After several years of steady declines, overdraft charges at the country's largest banks are climbing again, pulling billions ...

SOUTH CAROLINA (WCIV) — Sen. Tim Scott (R-SC) has drawn criticism as Chairman of the Senate Banking Committee after leading an effort to roll back caps on overdraft fees put into place under the Biden ...