Consumer Federation of California Applauds CFPB’s Final Rule on Overdraft Fees
December 12, 2024FOR IMMEDIATE RELEASE: December 12, 2024 Contact: Robert Herrell, mail@consumercal Sacramento, CA – Today, the Consumer Financial Protection Bureau (CFPB) issued a final rule that strengthens consumer protections for overdraft credit offered by large financial institutions. The final overdraft rule reduces most overdraft fees from $35 per transaction to $5, …