Among other significant rulemakings that the Consumer Financial Protection Bureau (CFPB) finalized in the waning days of the Biden Administration were 1) an overdraft fees final rule that applies to ...

The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday purchases, including ...

The fate of a new regulation that protects consumers from high overdraft checking fees is expected to come up for a vote in the House tomorrow. The Senate has already voted to throw out the rule and ...

Capitol Hill Republicans are looking to scrap a pair of major consumer protection rules as they seek to roll back some of the Biden administration’s last-minute regulatory moves. Last week, GOP ...

The overdraft fee limit was struck down 217-211, with Rep. Ryan Mackenzie of Pennsylvania the lone Republican to join the Democrats’ dissent. The rule granting the government supervision over ...

SAN FRANCISCO--(BUSINESS WIRE)--Leading consumer financial technology company, Chime ®, the #1 Most Loved Banking App 1, announced today that its fee-free overdraft feature, SpotMe 2, has covered its ...

An overdraft occurs when you write a check or initiate a debit card purchase, and your account doesn’t have enough money to cover the transaction. The bank will cover the difference to process the ...

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

In today's tight financial climate, it's not uncommon to come up short between paychecks. Inflation may have eased somewhat, but the cost of living is still high, and for many, that means turning to ...