Martin Lewis issues 'dangerous' overdraft warning - 'do this before payday'

Martin Lewis has delivered crucial guidance for credit card holders, addressing widespread confusion about credit cards and overdrafts during his appearance on the Martin Lewis Podcast on BBC. Britain ...
JD Supra

Navigating the New CFPB Overdraft Rule: Implications for Financial Institutions

The Consumer Financial Protection Bureau (CFPB) recently finalized its “Overdraft Lending: Very Large Financial Institutions Rule,” introducing sweeping changes to how overdraft credit is structured ...
moneysavingexpert.com

Warning! Beware paying off credit cards using your overdraft

Many are unaware of the real cost of being overdrawn. Certainly when I do telly money makeovers, people either never know or get the rate totally wrong. So if you are overdrawn it’s crucial to check ...
JD Supra

CFPB Issues Final Rule Limiting Overdraft Fees at Large Banks, Treats Overdraft as Credit

On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued a final rule that treats covered overdraft services offered by banks with more than $10 billion in assets (large banks) as ...