When my kids were much younger, we started a New Years' Eve tradition of writing down our predictions for the upcoming year. Our practice of forecasting the year in sports, world events, and the ...
On Dec. 12, the Consumer Financial Protection Bureau (CFPB) finalized a controversial rulemaking that would fundamentally alter how banks and credit unions offer overdraft services. The proposed rule ...
CFPB Director Rohit Chopra called overdraft fees "a massive junk fee harvesting machine" in January when the agency proposed a rule that would set maximum fees at $14 for the largest 175 banks. The ...
A bank account is a useful place to store money. It’s insured by the Federal Deposit Insurance Corp. (FDIC), and you can use your debit card to make purchases. Debit cards make buying goods and ...
After several years of steady declines, overdraft charges at the country's largest banks are climbing again, pulling billions of dollars from the accounts of customers who can least afford it. The ...