CFPB caps overdraft fees at $5 without APR disclosure
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for overdraft fees or another amount commensurate with costs. Banks could also charge more if they disclose the fees' annual percentage rate of interest to customers.
CFPB Director Rohit Chopra (L) said banks have exploited a loophole that has cost consumers billions of dollars in ...
In testimony before the Senate Banking Committee Wednesday morning Consumer Financial Protection Bureau Director Rohit Chopra ...
Britt voiced concerns with the Consumer Financial Protection Bureau, calling reform "an immediate priority for next congress" ...
The days are dwindling down to a precious few for political appointees in Washington, as the incoming Trump Administration ...
Today, the Consumer Financial Protection Bureau (CFPB) testified before the Senate Banking Committee. Chairman Rohit Chopra ...
Now that the legislation has been taken out of a budget bill, the Community Home Lenders of America argues for a regulatory ...
To the relief of many taxpayers and consumers, the incoming administration is set to stop the endless regulatory waste and ...
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CFPB Distributes $1.8 Billion to Consumers Harmed by Unlawful Credit Repair PracticesThe Consumer Financial Protection Bureau (CFPB) has announced the distribution of $1.8 billion to 4.3 million consumers who ...
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