CFPB’s Proposed Overdraft Fees Rule Lauded by Some, Condemned by Others

CFPB’s Proposed Overdraft Fees Rule Lauded by Some, Condemned by Others

The CFPB’s proposed overdraft rule, which would affect the largest credit unions and banks, is praise from consumer rights advocates. Banks and credit unions, however, are standing united in opposing the rule, reports David Baumann.

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