Editor's Note: This article has been updated utilizing more recent information on overdraft fees. America's banking system ...
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Overdraft protection often is a better deal for banks than for consumers, a new study by a federal watchdog agency reveals. The report, to be released Tuesday by the Consumer Financial Protection ...
(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 ...
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The enticements hawk rebranded overdraft coverage with varied names -- "courtesy pay," "Buffer Zone," "debit card advance," or simply "debit card overdraft coverage." But most of the pitches evoke the ...