Published On: December 12th, 2024Categories: California News

Overdraft fees would be slashed under new Biden administration rule

If your bank account regularly flirts with negative balances, or you’re just bad at keeping track of your debit card swipes, you’ve probably felt the sting of one of the banking industry’s favorite charges: overdraft fees.

Thanks to a rule finalized Thursday by the federal Consumer Financial Protection Bureau, those fees could drop sharply next year — provided the rule isn’t…

Continue reading this article at;

https://www.latimes.com/business/story/2024-12-12/cfpb-overdraft-fee-cut

https://www.latimes.com/business/story/2024-12-12/cfpb-overdraft-fee-cut
www.latimes.com

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