News

It's time to worry about overdraft fees. These 5 banks rolled them back.
Now some good news: Overdraft fees aren’t nearly as brutal today as they were five or 10 years ago, banking experts say. Many ...
New York State crackdown on subscriptions, retail returns, and pay later loans
New York Governor Kathy Hochul’s massive budget passed the state legislature late Thursday, paving the way for a bundle of ...
komonews1mon
Congress kills rule that would have capped banking overdraft fees at $5
In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have limited overdraft fees to $5 at the nation’s largest banks and credit ...
Post and Courier1mon
Personal finances will take a hit as consumer protections are rolled back, raising costs for many
Not everyone, but particularly those who can least afford it. Costly bank overdraft fees are coming back, at an estimated yearly cost to consumers of $5 billion. Those are the surcharges banks ...
Kiowa County Press12d
Overdraft fees are here to stay, costing consumers thousands of dollars a year
"Most debit card overdrafts are less than $26, far below the typical fee and are repaid within three days resulting in the ...
WSB-TV26d
How to deal with overdraft and a negative bank account
But you will be charged any overdraft fees that are incurred as a result, and you will be required to repay the amount you are overdrawn. Freedom Debt Relief notes that it's important to ...