Overdraft fee capping, proposed by consumer agency, to be debated in Congressional committee
The rule, originally scheduled to go into effect in October, would have limited the ways large banks can charge for overdrafts.
PolitiFact21d
Did Republicans propose increasing bank fees, as Buttigieg said? There’s more to the story
If the regulation goes into effect, overdraft fees would be capped at lower levels than what some banks typically charge now. Conversely, if the Republican legislation passes, overdraft fees at some ...
JD Supra6d
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 2025 # 2
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the ...
CardRates14d
5 Best Payday Loans For Bad Credit (March 2025)
PersonalLoans.com can arrange a wide range of signature loan amounts and terms, all featuring APRs that beat those charged on payday loans. To receive no-credit-check prequalification ... Financial ...
American Banker5d
'Not a political issue': Compensation stalls amid CFPB turmoil
In 2023, the Consumer Financial Protection Bureau cited Citibank for discriminating against Armenian Americans. The recent ...
With CFPB sidelined, can other consumer lawsuits fill the watchdog void?
As the U.S. Consumer Financial Protection Bureau in recent days has moved to dismiss at least 10 cases accusing companies of ...
Trump's CFPB Overhaul Leaves Consumers Exposed—Here's What It Means For Your Money
Consumer advocates warn that weakening the CFPB leaves Americans vulnerable to financial industry abuses. Created after the ...
AOL3d
With the CFPB weakened, could risky lending make a comeback?
Last month, workers at the CFPB were told to stop working, effectively shutting down the agency, though that order has since been challenged by a federal judge. Although the CFPB, which is tasked ...