CFPB Proposes Rule to Close Bank Overdraft Loophole that Costs Americans Billions Each Year in Junk Fees
The Consumer Financial Protection Bureau (CFPB) today proposed a rule to rein in excessive overdraft fees charged…
CFPB Report Finds Many College-Sponsored Financial Products Charge High and Unusual Fees
The Consumer Financial Protection Bureau (CFPB) issued a report today highlighting that many college-sponsored…
CFPB Orders Atlantic Union Bank to Pay $6.2 Million for Illegal Overdraft Fee Harvesting
The Consumer Financial Protection Bureau (CFPB) today took action against Atlantic Union Bank for illegally enrolling thousands…
No ‘Junk’ in Credit Union Overdraft Fees — Only Transparent Consumer Options
In today’s discourse surrounding “junk fees,” it’s imperative to separate the sensational misconceptions surrounding…
CFPB Report Finds Credit Card Companies Charged Consumers Record-High $130 Billion in Interest and Fees in 2022
The Consumer Financial Protection Bureau (CFPB) today released its biennial report to Congress on the consumer credit…
CFPB Report Finds College Tuition Payment Plans Can Put Student Borrowers at Risk
The Consumer Financial Protection Bureau (CFPB) issued a new report finding that students face risk when entering into…
A Promise Made, A Promise Kept
U.S. Senate Federal Credit Union Officially Cuts NSF and Overdraft Fees