Bank junk fees: Who gets hit and which institutions are the worst offenders? Tens of millions of consumers are hit with extra fees – often called "junk fees" – on everything from ticket ...
Bank of America will pay roughly $250 million to settle claims that it illegally double-dipped on account fees, withheld credit card rewards and signed up consumers for cards without their ...
However, after reviewing the case, the agency decided to permanently drop the enforcement action. ... Chase Bank may have set ... overdraft into a massive junk fee harvesting machine." ...
This isn't always the case, and it's also ... took action against Bank of America twice. In the first instance, the CFPB says that the bank illegally charged junk fees, withheld credit card ...
The Consumer Financial Protection Bureau (CFPB) has finalized a rule that limits the typical credit card late fee from $32, to $8. The rule, which was proposed in early 2022, closes a loophole ...
Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit challenging the CFPB's $5 overdraft fee cap for large financial ...