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How do banks make money?
Yahoo Personal Finance· 5 hours agoOverdraft charges: Many banks allow you to opt in for overdraft coverage, which allows you to overdraw your account in certain situations. However, they...
Michigan federal court shuts down class action against Flagstar Bank for so-called “surprise ...
JD Supra· 3 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· 1 day agoWatch: President Biden announces new measures targeting surpriseoverdraft and NSF fees banks charge...
EDITORIAL: Win some, lose some | Arkansas Democrat Gazette
Arkansas Democrat-Gazette· 17 hours agoThis past week, a court in Texas ruled in favor of banks and credit-card companies charging late...
U.S. Supreme Court delivers rare big win to American consumers
NC Newsline via Yahoo News· 6 hours agoAfter many years of controversy and legal battles, the U.S. Supreme Court today upheld the funding...
Biden plan to lower credit card late fees to $8 temporarily halted
WPEC CBS12 West Palm Beach· 4 days agoIt is also a win for the U.S. Chamber of Commerce, which led the lawsuit on behalf of the banks. The...
Statement from President Joe Biden on the Supreme Court Ruling on Consumer Financial Protection...
The White House· 8 hours agoUnder my Administration, the CFPB has delivered: providing nearly $9 billion in consumer relief and...
The Supreme Court Saves the Consumer Financial Protection Bureau
The New Republic via Yahoo Finance· 6 hours agoCFPB officials said during the rulemaking process that excessive requests were “unfair” and...
CFPB Announces Proposed Rule Regarding Nonsufficient Funds Fees
The National Law Review· 6 days agoOn Wednesday, January 24, 2024, the Consumer Financial Protection Bureau (CFPB) announced a Proposed...
Supreme Court says consumer protection bureau funding constitutional
United Press International via Yahoo News· 6 hours agoPresident Joe Biden praised Thursday's Supreme Court decision that upheld the funding for the...