CFPB caps overdraft fees at $5 without APR disclosure
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...
Overdraft fees could be capped at $5 under new federal rule
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
ConsumerAffairs51m
CFPB closes 'loophole' that nets big banks billions in overdraft fees
The Consumer Financial Protection Bureau is closing a loophole that it says allowed big banks to profit heavily from ...
US watchdog caps bank overdraft fees over industry objection
The new regulation, adopted over the banking industry's vocal opposition, closes what the U.S. Consumer Financial Protection ...
Biden Administration Cracks Down on Bank Overdraft Fees
The Biden administration is overhauling rules for how banks can charge overdraft fees to customers, despite an intense ...
Georgia Recorder48m
Warnock pushes to finalize plan blocking medical debt from credit reports
Georgia U.S. Sen. Raphael Warnock is pressing the Consumer Financial Protection Bureau to finalize a change that would keep ...
CFPB Finalizes Bank Overdraft Fee Cap Opposed by GOP, Industry
Large US banks will have to cap overdraft fees at $5 — or an amount that covers their costs and losses — under a new consumer ...