Key Takeaways In the final days of Joe Biden's administration, the CFPB issued a flurry of new rules and regulations, ...

The Biden administration is overhauling rules for how banks can charge overdraft fees to customers, despite an intense lobbying campaign from the industry to prevent the changes from going into ...

The New York Department of Financial Services has proposed several changes to overdraft fees including banning banks from ...

The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5 ...

They could charge fees at what the agency calls a "break even" point — that is, only what’s required to cover the bank’s actual costs and losses, and no more. Or banks could issue overdraft ...

However, some credit cards allow consumers to make over-the-limit purchases, which may sound great if you’re at your credit ...

Democrats may have lost power in Washington in part because voters blamed them for the rising cost of goods, but when Joe ...

On the eve of a change in administration, the Biden/Chopra CFPB released a "Compendium of Recent CFPB Guidance," a sweeping collection ...

A proposal targets “authorize positive, settle negative” charges and duplicative nonsufficient funds fees, but it would only apply to state-chartered banks.

Despite proposed changes to banking regulations, overdraft fees remain an expensive reality for many Americans. Here’s how to ...

The National Credit Union Administration has issued guidance to federal credit unions regarding the consumer harm stemming from certain overdraft ...