Overdrawing your bank account isn’t fun — but it happens. When it does, one of the first questions people ask is: does overdraft affect your credit score? The short answer? Not directly. But there’s ...

If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

Dec. 12 (UPI) --The Consumer Financial Protection Bureau on Thursday announced a final rule to cut down on overdraft fees by financial institutions. According to the CFPB, the rule will close an ...

New York (CNN) — The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Credit unions present themselves as the "good guys," non-profit member-run organizations incapable of engaging in predatory financial services. While this is true for many, my research has uncovered ...

The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving ...

(NEXSTAR) – A new federal rule would cap overdraft fees at $5 beginning late next year. That would be a big drop from the 2023 average of $26, but the policy still faces legal and potential political ...

Rohit Chopra, director of the Consumer Financial Protection Bureau, said that the agency's overdraft proposal "would establish clear, bright lines and ensure customers know what they are getting when ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NEXSTAR) – A new federal rule would cap ...