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overdraft fees

Letter to CFPB on Overdraft Survey

Nov
12
Letter to CFPB on Overdraft Survey

The Consumer Financial Protection Bureau (CFPB) is reviewing the current model form disclosure associated with financial institutions’ overdraft programs to identify whether alternative content or designs of the form may better support consumer comprehension and decision-making. 

Posted By Sharon Bahr read more

Appeals Court Reverses Part of Bank Overdraft Fee Decision

Dec
31
Appeals Court Reverses Part of Bank Overdraft Fee Decision

The U.S. Court of Appeals for the Ninth Circuit has reversed in part the lower district court’s order that would require Wells Fargo Bank to cease charging overdraft fees based on the high-to-low posting order for all debit-card transactions.

Posted By Sharon Bahr read more
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