In the waning months of the Biden administration, the Consumer Financial Protection Bureau, or CFPB, released a flurry of new consumer protection rules, targeting everything from bank overdraft fees ...

Nobody likes paying fees. A fee, however, is a transparent way to reflect the price of something. And in a market economy, prices convey vital information that consumers and producers use to make good ...

Overdraft fees can quickly add up and become a financial headache if you’re not careful. For Wells Fargo customers, understanding the bank’s overdraft fees, protection services and limits is essential ...

If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

WASHINGTON, DC - DECEMBER 15: Consumer Financial Protection Bureau Director Rohit Chopra testifies before the Senate Banking, Housing and Urban Affairs Committee in the Dirksen Senate Office Building ...

The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving ...

Do politicians hate poor people? The question reads as simplistic, but it rates asking at times like these as legislation makes its way through Congress that would legalize a $5 cap on overdraft fees ...

Overdraft protection has been a critical component of financial services for decades, originally instituted to provide an emergency safety net for credit union members. Since its adoption, the opt-in ...

Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The ...