On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final “overdraft lending” rule aimed at curbing overdraft fees charged by banks and credit unions with more than $10 ...
In today’s competitive business environment, access to timely finance plays a crucial role in sustaining operations and driving growth. Entrepreneurs and small business owners often face a common ...
A home loan is a long-term commitment. Many people take a home loan because they don’t have enough money to buy a house upfront. But there are also borrowers who do have the funds, yet prefer to keep ...
(InvestigateTV) — When an account is overdrawn, consumers pay a high price. In 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that would have required large banks and credit ...
(NEXSTAR) – A new federal rule would cap overdraft fees at $5 beginning late next year. That would be a big drop from the 2023 average of $26, but the policy still faces legal and potential political ...
Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government agency in charge of protecting consumers' finances introduced a new rule to ...