In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...

With the shuttering of the Consumer Financial Protection Bureau, rules are changing on bank overdraft fees, medical debt’s ...

The closure of Citi’s we-hardly-knew-ye office in Málaga, Spain – combined with moves to preserve overdraft fees and toughen ...

Key takeaways 🛑 Trump administration moves to gut the Consumer Financial Protection Bureau (CFPB), freezing rules on ...

Freedom Debt Relief explains that it’s important to understand how overdraft works, what to do if your account is overdrawn, ...

Financial planners generally recommend enough to cover a month's worth of bills, plus maybe a small buffer for peace of mind. But you don't want to keep so much in checking that you miss out on the ...

A bank charges an overdraft fee when you make a purchase that puts your balance below zero. If you get overdraft protection, the bank will automatically transfer funds from savings to checking.

That can lead to your bank declining future transactions. If you have opted-in for overdraft coverage, your bank may complete your ATM transaction or debit card purchase, even if the transaction ...