(InvestigateTV) — When an account is overdrawn, consumers pay a high price. In 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that would have required large banks and credit ...

Consumer advocates have long complained that US banks and credit unions charge exorbitant overdraft fees to vulnerable customers. Pressured by the Biden administration’s financial watchdogs, the ...

Congress overturned a cap on bank overdraft fees, many of which exploit the desperate need of working families for short-term ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Fees charged to Fulton Bank customers for nonsufficient funds and extended overdrafts will be eliminated in the fourth quarter of this year. The bank explained that a nonsufficient funds fee is ...