New CFPB Study Shows Opted-In Frequent Overdrafters Typically Pay Almost $450 More in Fees
Washington, D.C. –(ENEWSPF)—August 4, 2017. The Consumer Financial Protection Bureau (CFPB) today unveiled new Know Before You Owe overdraft disclosure prototypes designed to improve the model form that banks and credit unions already provide to consumers weighing overdraft coverage. The Bureau is currently testing four prototypes that each have a simple, one-page design aimed at making the costs and…
