This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
The Consumer Financial Protection Bureau is working to eliminate predatory fees. kryzhov / Shutterstock.com
Pesky overdraft fees from banks and credit unions could soon get a major overhaul, collectively saving Americans an estimated $3.5 billion a year. The Consumer Financial Protection Bureau, or CFPB, announced Wednesday that it intends to curb overdraft fees from big banks by proposing fee limits and treating overdrafts more like loans, which are subject to stricter oversight.
More from my site
5 Car Features That Can Make Driving More Dangerous
9 Ways to Make Money With Online Sales
This Is My Biggest Secret to Retirement Saving Success
The Number of Uninsured Drivers in South Dakota Doubled in 6 Months. Here’s Why
Will Auto Insurance Cover You if Your Car Is Stolen?
Is the U.S. in a Recession? Most Americans Answer Incorrectly
