Legal aid attorney Elizabeth Lynch says that Congress voting to overturn overdraft fee limits is a major blow for working class people. Those fees can turn a $1 overdraft into a $36 penalty and very quickly add up. “We see things that are more akin to …
Banks are making billions of dollars annually from overdraft fees, with Chase alone earning $1 billion last year.Wells Fargo and Navy Federal Credit Union are also cashing in, reporting $1 billion and $335 million in overdraft fees, respectively.To avoid …
Overturning the CFPB’s Rule Will Hurt Families Struggling With the High Cost of Living WASHINGTON DC – A group of consumer, economic justice and civil rights organizations sent a letter to the White House today, urging President Trump to veto S.J. Res …
NEW YORK CITY, April 17, 2025 (GLOBE NEWSWIRE) -- Better Business Advice has named Mercury the top business bank* account for LLCs in its April 2025 rankings. The selection highlights platforms offering not only financial reliability but also the …
A Biden-era rule that capped most bank overdraft fees at $5 is on the verge of being scrapped after the U.S. House of Representatives recently joined the U.S. Senate in voting to repeal it. The legislation now awaits President Donald Trump's signature, …
Santander is lowering the interest rate for current account holders starting April 28. Customers with the Santander Edge Up package, which comes with a £5 monthly fee, have been benefiting from a 3% interest rate. However, the interest rate for this …
MoneyMagpie Editor and financial expert Vicky Parry answers frequently asked questions about switching current accounts Switching current accounts can be a great way to make some extra free cash with a switching incentive – but what does it involve, and …
Good morning, Rochester. Here's what you need to know today. Your Weather Planner A warm front arrives today with a few showers passing through our region. Most of these hit or miss showers will be north of the Thruway. Highs today near 70. That front …
A government-imposed $8 limit on most credit card late fees is the latest consumer protection regulation to be scrapped by President Donald Trump's administration. The Consumer Financial Protection Bureau adopted the fee cap last year, estimating that …
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