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Michigan federal court shuts down class action against Flagstar Bank for so-called “surprise ...
JD Supra· 2 days agoThe court previously dismissed the plaintiff’s conversion claim in 2021, but allowed the breach of contract claims to proceed.
EDITORIAL: Win some, lose some | Arkansas Democrat Gazette
Arkansas Democrat-Gazette· 7 hours agoThis past week, a court in Texas ruled in favor of banks and credit-card companies charging late...
Most common hidden ‘junk fees’ and how much they cost you
FOX 10 Phoenix· 17 hours agoWatch: President Biden announces new measures targeting surpriseoverdraft and NSF fees banks charge...
Supreme Court sides with Biden on banking agency, avoiding warnings of economic 'chaos'
USA TODAY via Yahoo Finance· 21 minutes agoAt the center of the case was a payday lending rule the bureau issued in 2017. The rule bars lenders from withdrawing payments from borrowers' bank accounts after two failed ...
Federal judge temporarily halts Biden plan to lower credit card late fees to $8
KLAS Las Vegas· 6 days agoLOS ANGELES (AP) — A federal judge in Texas temporarily halted a plan by the Biden administration to lower late fees on credit cards to $8 that was slated to go into effect next week. The temporary…
I Want to Start on the Best Financial Foot, What’s My First Move?
The Wall Street Journal· 4 hours agoThe earlier you seize the power of compound interest, the easier it will be to reach your money...
Digital bank Chime to roll out earned wage access product
Fast Company Magazine· 18 hours agoU.S. digital bank Chime is launching a product that will allow customers to access up to $500 of...
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...