CFPB announces rule limiting bank overdraft fees; trade group sues Finance News December 13, 2024 Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom Williams |…
CFPB caps overdraft fees at $5 without APR disclosure Banking December 12, 2024 The Consumer Financial Protection Bureau is set to release a final rule capping overdraft fees at $5 for the largest…
CFPB sanctions Navy Federal for improper overdraft fees Banking November 8, 2024 The Consumer Finance Protection Bureau levied its largest-ever fine on a credit union Thursday, sanctioning Navy Federal in Vienna, Virginia,…
Banks that have cut or eliminated overdraft fees Banking October 9, 2024 Key takeaways An overdraft fee is charged when you don’t have enough money in your bank account to cover a…