If today's announcement by the Consumer Financial Protection Bureau (CFPB) is the final skirmish in the Biden administration's war on so-called "junk fees," then it is a fitting end to a misguided and ...

Learn about the financial consequences of overdrawing your checking account and discover strategies to avoid costly overdraft fees and account closures.

The new rule gives banks three options for overdraft fees, the simplest being to charge $5 per overdraft. The main trade group for U.S. banks opposes the rule, saying it will lead to fewer banks ...

(NewsNation) — A new rule from the Biden administration would cap overdraft fees at $5, lower than the average of $26 in 2023. The new rule was released Thursday by federal regulators and is part of ...

The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars. The ...

Overdraft protection is a service offered by many financial institutions to shield account holders from unintentional overdrafts in their checking accounts. This service, when activated, prevents ...

After several years of steady declines, overdraft charges at the country's largest banks are climbing again, pulling billions ...

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 ...

(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 ...