Debt and January go together like gruel and the workhouse, and many of us are feeling the post-Christmas pinch. But this year ...
Key insight: Certain large U.S. banks reported an uptick in overdraft-related revenue during the first three quarters of 2025. What's at stake: Though the increases coincide with the Trump ...
WASHINGTON, Dec 16 (Reuters) - Fourteen of the largest U.S. retail banks posted jumps in the income they generated from overdraft and bounced-check fees during the first nine months of the year, while ...
WASHINGTON — A group of Senate Democrats led, by Senate Banking Committee ranking member Elizabeth Warren, D-Mass., are pushing credit unions to rethink their overdraft fees. Processing Content This ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Overdraft fee is a penalty banks impose when a transaction ...
A Consumer Financial Protection Bureau rule to cap overdraft fees was overturned by Congress. Overdraft fees can range from $25 to $35 and disproportionately affect struggling consumers. Some ...
Ever scroll through your bank statement and get sucker-punched by a random $35 overdraft fee? You're not alone. U.S. banks raked in over $12.1 billion in overdraft fees and non-sufficient funds fees ...
(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 ...
The CFPB dismissed an order requiring NFCU to refund $80 million to consumers, stop charging illegal overdraft fees, and pay a $15 million civil penalty to victims relief fund. The CFPB originally ...