Overdraft protection is a service offered by banks that prevents transactions from being declined if you don't have enough funds.

Feb. 27—The $35 fee that many customers pay up to banks when their account dips below zero could see a sizable overhaul in the near future, one of many fees currently in the crosshairs of U.S.

Americans collectively carried $1.13 trillion in credit card debt as of the third quarter of 2023, marking the highest level in more than a decade and surpassing the previous peak from 2008. This ...

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, ...

The Consumer Financial Protection Bureau found that some consumers use overdraft fees as a form of credit, even if they have access to less expensive options like a credit card. Consumers with ...

Many are unaware of the real cost of being overdrawn. Certainly when I do telly money makeovers, people either never know or get the rate totally wrong. So if you are overdrawn it’s crucial to check ...