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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.
Most common hidden ‘junk fees’ and how much they cost you
FOX 10 Phoenix· 8 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 ...
Federal judge temporarily halts Biden plan to lower credit card late fees to $8
KKTV 11 Colorado Springs· 5 days agoIt is also a win for the U.S. Chamber of Commerce, which led the lawsuit on behalf of the banks. The...
Digital bank Chime to roll out earned wage access product
Fast Company Magazine· 9 hours agoU.S. digital bank Chime is launching a product that will allow customers to access up to $500 of...
Bank regulators schedule public hearing on Capital One-Discover deal as scrutiny intensifies -...
The Business Journals· 13 hours agoFederal banking regulators have once again extended the comment period on Capital One Financial...
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...
Customer satisfaction with online-only banks dwindles, study finds
Banking Dive· 16 hours agoThe promise of higher interest rates, lower fees and around-the-clock accessibility fueled a surge in new customers for online-only direct banks over the past year. “Despite significant increases ...
Thrifty Living: 13 Monthly Expenses to Eliminate Now
MSN News· 8 hours agoLet's explore 13 monthly expenses you can cut to regain financial stability and redirect funds towards more pressing needs.
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