The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving ...

Jan. 17 (UPI) --The Biden administration Wednesday proposed a new rule aimed at cutting the average overdraft fees imposed by the nation's largest banks by more than half. The move by the Consumer ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Overdraft fee is a penalty banks impose when a transaction ...

Rohit Chopra, director of the Consumer Financial Protection Bureau, said that the agency's overdraft proposal "would establish clear, bright lines and ensure customers know what they are getting when ...

Millions of Lloyds, Halifax and Bank of Scotland customers have seen their overdraft costs rise this month, some by hundreds of pounds a year. Lloyds Banking Group, which includes Halifax and Bank of ...