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Michigan federal court shuts down class action against Flagstar Bank for so-called “surprise ...
JD Supra· 2 days agoDrain in the Eastern District of Michigan granted summary judgment in favor of Flagstar Bank (the “Bank”) in a case where the plaintiff alleged breach of contract and conversion with respect ...
Most common hidden ‘junk fees’ and how much they cost you
FOX 10 Phoenix· 10 hours agoWatch: President Biden announces new measures targeting surpriseoverdraft and NSF fees banks charge...
First Minnesota Court Decisions on Overdraft Fees Are Wins for Banks | JD Supra
JD Supra· 7 days agoIn December 2021, the Consumer Financial Protection Bureau (CFPB) released research critiquing banks for charging overdraft and related fees to consumers, and the CFPB director ...
Thrifty Living: 13 Monthly Expenses to Eliminate Now
MSN News· 9 hours agoLet's explore 13 monthly expenses you can cut to regain financial stability and redirect funds towards more pressing needs.
Federal judge temporarily halts Biden plan to lower credit card late fees to $8
KY3 Springfield· 5 days agoA federal judge in Texas temporarily halted a plan by the Biden administration to lower late fees on...
A Florida attorney, his wife and $107,000 that an auditor says was ‘misappropriated’
Miami Herald via AOL· 2 days agoLaw firms cannot cross the money streams. When trust account checks bounce, the bank will alert the...
Chime to Add Earned Wage Access Offering to Banking App
PYMNTS.com· 16 hours agoChime will soon add an earned wage access offering called MyPay to its banking app. The FinTech...
Cost of living: Bristol bands struggling as small venues close
BBC via Yahoo News· 5 days agoGetdown Services band member Josh Law, who lives in Bristol, said he deals with the situation "by...
CFPB Announces Proposed Rule Regarding Nonsufficient Funds Fees | JD Supra
JD Supra· 3 days agoOn Wednesday, January 24, 2024, the Consumer Financial Protection Bureau (CFPB) announced a Proposed Rule aimed at blocking nonsufficient funds (NSF) fees on debit card, ATM, and certain peer-to-peer ...
Digital bank Chime to roll out earned wage access product
Fast Company Magazine· 10 hours agoU.S. digital bank Chime is launching a product that will allow customers to access up to $500 of...