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Browsing: overdraft

CFPB’s $5 overdraft rule presents populist challenge to GOP

December 17, 2024

Consumer Financial Protection Bureau Director Rohit ChopraBloomberg News The incoming Trump administration could face an early political dilemma if it seeks to kill the Consumer Financial…

CFPB announces rule limiting bank overdraft fees; trade group sues

December 13, 2024

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe…

CFPB caps overdraft fees at $5 without APR disclosure

December 12, 2024

The Consumer Financial Protection Bureau is set to release a final rule capping overdraft fees at $5 for the largest banks.Under a final rule to be…

CFPB sanctions Navy Federal for improper overdraft fees

November 8, 2024

The Consumer Finance Protection Bureau levied its largest-ever fine on a credit union Thursday, sanctioning Navy Federal in Vienna, Virginia, for what it termed “illegal surprise”…

Banks that have cut or eliminated overdraft fees

October 9, 2024

Key takeaways An overdraft fee is charged when you don’t have enough money in your bank account to cover a debit — the average charge is…

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Browsing: overdraft

CFPB’s $5 overdraft rule presents populist challenge to GOP

CFPB announces rule limiting bank overdraft fees; trade group sues

CFPB caps overdraft fees at $5 without APR disclosure

CFPB sanctions Navy Federal for improper overdraft fees

Banks that have cut or eliminated overdraft fees

Equifax report says 1.4M consumers missed a credit payment in Q1

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Amazon partnering with Intuit Quickbooks for third-party sellers

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