New York Governor Proposes Overhaul of Overdraft and NSF Fee Regulations
In a move aimed at enhancing consumer protection, New York Gov. Kathy Hochul unveiled new proposed regulations on overdraft and ...
Read moreDetails
Tag: NSF Fees
CFPB Proposes Rule Prohibiting Fees on Instantly Declined Transactions
The Consumer Financial Protection Bureau yesterday issued a Notice of Proposed Rulemaking that would prohibit banks and financial services companies ...
Read moreDetailsBanking Groups Urge CFPB to Initiate SBREFA Review of Proposed Overdraft Fee Rule
A trio of banking trade groups have written a letter to the director of the Consumer Financial Protection Bureau, claiming ...
Read moreDetailsMany Consumers Surprised by Overdraft Fees: CFPB
Fewer than one-quarter of consumers who were hit with an overdraft fee in the past year were expecting it, according ...
Read moreDetails
AGs Call on Big Banks to End Overdraft Fees
A group of 18 state attorneys general sent letters to four of the largest financial institutions in the country this ...
Read moreDetails
Banking Groups Ask CFPB to Conduct Research Into Overdraft Fees Before Making Decisions
Five of the nation's major banking trade groups have sent a letter to Rohit Chopra, the Director of the Consumer ...
Read moreDetailsCFPB Announces Crackdown on NSF, Overdraft Fees
The Consumer Financial Protection Bureau yesterday put overdraft fees in its crosshairs yesterday, and already banks are responding by announcing ...
Read moreDetails
