If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

Some banks do not have proof that their customers have "opted-in" to overdraft services, and the Consumer Financial Protection Bureau is reminding financial institutions to maintain records of ...

The Overdraft Protection Act, sponsored by Rep. Carolyn Maloney, D-N.Y., would cap the number of times such fees could be charged and require customers to opt in to overdraft programs. WASHINGTON — A ...

On July 19, the U.S. District Court for the District of Delaware issued a decision that should draw the attention for banks that charge overdraft fees for overdraft protection. In Miller v. Del-One ...

Overdraft protection sounds like a great idea— on the surface. If you’re shopping with your debit card and you don’t have the funds to cover the purchase, your bank will cover it for you. While this ...

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SEATTLE — The Consumer Financial Protection Bureau (CFPB) wants to limit how much financial institutions can charge customers for overdraft protection plans. The CFPB’s proposed rule, published on ...

(InvestigateTV) — According to the Consumer Financial Protection Bureau (CFPB), about 4 out of 10 consumers that were charged an overdraft fee said that they were surprised the last time that happened ...

Bank of America, the nation's second-largest bank, says it's drastically reducing overdraft fees. Capital One is going a step further and getting rid of the fees altogether. The moves come as federal ...

WASHINGTON -- A U.S. House of Representatives committee advanced legislation on Wednesday to overturn a Biden administration rule that would limit overdraft fees from financial institutions, a ...