Overdrawing your bank account isn’t fun — but it happens. When it does, one of the first questions people ask is: does overdraft affect your credit score? The short answer? Not directly. But there’s ...
On December 12, the CFPB issued a final rule, restricting the amount that certain financial institutions can charge for their overdraft service. As previously covered by InfoBytes, historically, the ...
On Dec. 12, the Consumer Financial Protection Bureau (CFPB) finalized a controversial rulemaking that would fundamentally alter how banks and credit unions offer overdraft services. The proposed rule ...
Many are unaware of the real cost of being overdrawn. Certainly when I do telly money makeovers, people either never know or get the rate totally wrong. So if you are overdrawn it’s crucial to check ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Herb Weisbaum, The ConsumerMan and ...