Democrats are once again taking aim at dreaded bank overdraft fees. New York Congresswoman Carolyn Maloney reintroduced legislation on Wednesday that would crack down on overdraft fees, making it ...

Congress is considering a bill that would reduce banks' ability to charge overdraft fees. (iStock) The U.S. House Committee on Financial Services voted to send a bill to the full House of ...

Memorial Day is commonly thought of as the start of the hot summer season. Well, our Memorial Day this year may not be that hot - but some of the shopping deals are! Here are some categories where ...

(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 ...

As of November 2009, here's the new rules and regulatory framework being debated in Congress for the consumer loan industry: Introduced by Rep. Barney Frank (D-Mass), this bill would establish a ...

New York consumers will soon be able to more easily cancel their online subscriptions and have better data privacy protections from "Buy Now, Pay Later" lenders under legislation included in the state ...

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 ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Overdraft fee is a penalty banks impose when a transaction ...

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...