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overdraft

Catherine McQueen/Getty Images (WASHINGTON) —Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau. Rohit Chopra, the director of the government watchdog in charge of protecting the public’s finances, told ABC News the final rule would cap overdraft fees at […]

IronHeart/Getty Images (NEW YORK) — Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government agency in charge of protecting consumers’ finances introduced a new rule to rein in overdraft fees charged by banks. Americans paid a total of nearly $300 billion in overdraft fees […]


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