The Consumer Financial Protection Bureau again has raised concerns about overdraft protections at banks, today releasing a report that says small debit card purchases lead to expensive overdraft fees. “Today’s report shows that consumers who opt in to overdraft coverage put themselves at serious risk when they use their debit card,” CFPB Director Richard Cordray
Issues with closing or managing a bank account made up the bulk of complaints.
A new study reveals that, when it comes to checking accounts, where you live counts.
A new report has called attention to potentially abusive aspects of bank overdraft programs.
A new study shows that one type of fee has been steadily rising at credit unions. What is it?
A Pew Charitable Trusts study finds gaps in big banks’ checking account disclosure practices.
A new report from the CFPB suggests overdraft fees are still taking a heavy toll on consumers.
Are banking customers finally starting to smarten up about overdraft fees?
The FDIC and OCC propose new supervisory guidance for banks that offer direct deposit advance loans.
The United States Postal Service announced it will end Saturday mail delivery on Aug. 1. What will that mean for your finances?