FAQs on CFPB’s Rule on Overdraft Lending: Very Large Financial Institutions
The Consumer Financial Protection Bureau’s (CFPB) rule on Overdraft Lending: Very Large Financial Institutions stops big banks from profiting off of abusive overdraft junk fees while allowing transparent, safer, and more affordable forms of overdraft protection without price limits. Below are answers to frequently asked questions about current overdraft fee practices, the requirements of the…
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