According to the CFPB ... to highlight alleged big bank profiteering via overdraft junk fees in on February 06, 2024, in Washington, DC. Some banks and banking trade groups are suing the ...
The sweeping rule immediately drew a legal challenge from bank trade groups. The CFPB said in a final rule issued Thursday, that it will reclassify overdraft fees as loans subject to interest ...
Some banks and banking trade groups are suing the Consumer Financial ... according to data from the CFPB and bank public records. Currently, there is no cap on the overdraft fees that banks ...
Related Bank groups sue CFPB over rule to limit overdraft fees CFPB: Overdraft fee reform will save consumers $5 billion a year in bank fees New CFPB rule aims to make switching banks easier ...