The credit union will no longer have to refund servicemen and women for illegally charging them overdraft fees.

President Donald Trump on May 9, 2025, signed into law measures to eliminate two CFPB rules established under the Biden Administration. The first rule repealed was the CFPB's Overdraft Rule, one ...

For customers living paycheck-to-paycheck, overdraft protection provides an important lifeline to ensure critical expenses are paid.

Bank of America said it lowered overdraft fees from $35 to $10 in 2022, while also eliminating its non-sufficient fund fee — issued after a payment gets declined because the account lacks ...

Federal regulators proposed the $5 cap because overdraft fees represent almost pure profit to banks. Protecting a bank account against overdraft doesn’t cost very much.

One of the first questions people ask is: does overdraft affect your credit score? The short answer? Not directly. But there’s more to the story.

What is an overdraft loan? Features, types and how it works Overdraft loans provide financial flexibility by allowing individuals and businesses to withdraw beyond their account balance, up to a ...

Overdraft or personal loan? It could be confusing to choose between a personal loan and an overdraft facility with the wide range of credit facilities available across banks and NBFCs.

GOP leaders took their first steps toward nixing a $5 cap on bank overdraft fees and a regulation that would subject major digital payment apps like Venmo and Apple Pay to stricter oversight.