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You didn't think banks would forgo billions of dollars in overdraft fee revenue without a fight, did you? As an Aug. 15 congressionally imposed deadline approaches to stop collecting fees for most ...
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 ...
SoFi® charges no overdraft fees, and customers can also opt into two different options to cover their accounts in case of an overdraft. The first option is free overdraft protection, which ...
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