Two rules announced by the Consumer Financial Protection Bureau (CFPB) during the Biden administration suffered setbacks in Congress on Wednesday (March 5). The Senate voted Wednesday to approve a ...

Capitol Hill Republicans are looking to scrap a pair of major consumer protection rules as they seek to roll back some of the Biden administration's last-minute regulatory moves. Last week, GOP ...

A comprehensive study on the 15 most popular cash advance apps on the App Store and Google Play reveals the real costs behind borrowing $100. The findings show a broad range of fees, from as low as $6 ...

Among other significant rulemakings that the Consumer Financial Protection Bureau (CFPB) finalized in the waning days of the Biden Administration were 1) an overdraft fees final rule that applies to ...

SAN FRANCISCO--(BUSINESS WIRE)--Leading consumer financial technology company, Chime ®, the #1 Most Loved Banking App 1, announced today that its fee-free overdraft feature, SpotMe 2, has covered its ...

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NEW YORK (AP) — The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest effort by the Biden administration to combat fees it says ...

Several major banks have cut or eliminated their overdraft fees since 2019, providing their checking accounts an extra perk, but overall, banks are still raking in billions from overdraft fees.