WASHINGTON -- Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal ...

The dreaded – and often inflated- overdraft fee charged by banks could soon be a thing of the past. The Consumer Financial Protection Bureau has proposed a rule that would apply to banks and credit ...

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The Biden administration wants to cut overdraft fees, ...