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CFPB Takes Action to Stop Banks from Harvesting Overdraft Fees Without Consumers’ Consent

  • October 11, 2024

Banks have charged overdraft fees for ATM and one-time debit card transactions even though they did not have customers’ documented consent.

Source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-to-stop-banks-from-harvesting-overdraft-fees-without-consumers-consent/