Overdraft fees began as a “courtesy” in the late ... Truist and Wells Fargo. Pentagon’s Crackdown on Diversity Policies: The Pentagon continued its purge of anything related to diversity ...

New York Governor Kathy Hochul’s massive budget passed the state legislature late Thursday, paving the way for a bundle of ...

President Trump has signed a Congressional Review Act (CRA) resolution nullifying the CFPB’s controversial overdraft rule.

In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have limited overdraft fees to $5 at the nation’s largest banks and credit ...

Not everyone, but particularly those who can least afford it. Costly bank overdraft fees are coming back, at an estimated yearly cost to consumers of $5 billion. Those are the surcharges banks ...

"Most debit card overdrafts are less than $26, far below the typical fee and are repaid within three days resulting in the ...

Court Overturns CFPB Rule on late fees: A federal court in Texas vacated a Biden-era Consumer Financial Protection Bureau (CFPB) rule that capped credit card overdraft fees at $8. The court's ...

But you will be charged any overdraft fees that are incurred as a result, and you will be required to repay the amount you are overdrawn. Freedom Debt Relief notes that it's important to ...

Banks are making billions of dollars annually from overdraft fees, with Chase alone earning $1 billion last year.Wells Fargo and Navy Federal Credit Union are also cashing in, reporting $1 billion ...