Overdraft

The bills, both titled the Overdraft Protection Act, would limit banks to charging a customer for only one overdraft per month, and a maximum of six per year.

Kansan.com stories 2009

Overdraft coverage can be less regulated and cost more than other high-cost (and equally criticized) options, including payday loans, in an estimated $70 billion short-term credit market.

Anger at bank overdraft fees gets hotter, bigger and louder 2009

"Overdraft fees are the mother lode of (deposit) fees," says Michael Moebs of Moebs Services, an economic research firm.

Banks' 'courtesy' loans at soaring rates irk consumers 2009

At the White House Federal Credit Union, a short walk from the Oval Office, customers are automatically signed up for a product called Overdraft Privilege.

Courtesy overdraft fees hit credit union customers, too 2009

Data from the 2008 Federal Deposit Insurance Corporation's Study of Bank Overdraft Programs, which surveyed 462 FDIC-supervised banks, show that more than 60% of low-income consumers with checking accounts never incurred a fee for overdrawing those accounts.

The Free Checking Restoration Act John Berlau 2010

Along with other leading groups, we've also urged the current regulators to look at the deceptive marketing of so-called Overdraft Protection.

Ed Mierzwinski: In The Public Interest : The More You Know, The More You Know We Need A Strong CFPB Ed Mierzwinski 2010

Overdraft coverage boosts banks 'bottom line while taking a toll on consumers' wallets.

Banks find ways to boost fees; checking accounts latest target 2009

Along with other leading groups, we've also urged the current regulators to look at the deceptive marketing of so-called Overdraft Protection.

Ed Mierzwinski: In The Public Interest : The More You Know, The More You Know We Need A Strong CFPB Ed Mierzwinski 2010

Along with other leading groups, we've also urged the current regulators to look at the deceptive marketing of so-called Overdraft Protection.

Ed Mierzwinski: In The Public Interest : The More You Know, The More You Know We Need A Strong CFPB Ed Mierzwinski 2010

Along with other leading groups, we've also urged the current regulators to look at the deceptive marketing of so-called Overdraft Protection.

Ed Mierzwinski: In The Public Interest : The More You Know, The More You Know We Need A Strong CFPB Ed Mierzwinski 2010