Bank of America

Overdraft fees, late fees could be slashed as White House continues attack on junk fees

BY: - January 29, 2024

The cost of overdrawing your bank account could ease considerably under a rule proposed recently by the Consumer Financial Protection Bureau. The proposed regulation is in line with a larger effort that the Biden administration has championed the past few years to crack down on “junk fees,” which are tacked onto everything from ticket prices […]