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Banking

Consumer Financial Protection Bureau (CFPB)
National

Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs!

September 23, 2024September 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued new guidance aimed at preventing banks from levying overdraft fees without clear consumer consent. This move targets the practice …

Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs! Read More

Legal
National

TD Bank Hit with Multi-Million Dollar Penalty for Misleading Consumer Reports – Find Out What Happened!

September 16, 2024September 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has mandated TD Bank to pay a total of $7.76 million in redress to tens of thousands of affected consumers, in …

TD Bank Hit with Multi-Million Dollar Penalty for Misleading Consumer Reports – Find Out What Happened! Read More
Cards
National

Are You Paying Hidden Fees? The Truth About Cash-Back Costs at Big Retailers!

September 2, 2024September 2, 2024 - by Maryann Pugh

WASHINGTON, D.C. — A recent report by the Consumer Financial Protection Bureau (CFPB) highlights a growing concern over cash-back fees imposed by large retail stores on American consumers. These fees, …

Are You Paying Hidden Fees? The Truth About Cash-Back Costs at Big Retailers! Read More

Woman card into ATM
Regional

Survey Reveals: Banking Preferences Across Generations – A Deep Dive

August 21, 2024August 21, 2024 - by Timothy Alexander

PHILADELPHIA, PA — LevLane Advertising has unveiled the findings of its “2024 Future of Banking Survey,” shedding light on generational differences in banking preferences. The survey, conducted with 500 U.S. …

Survey Reveals: Banking Preferences Across Generations – A Deep Dive Read More
Banknotes
National

Fifth Third Bank Racked with $20M Fine for Illegal Practices

July 14, 2024July 14, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In the world of banking, another scandal unfolds as the Consumer Financial Protection Bureau (CFPB) brings the hammer down on Fifth Third Bank. The bank, with an …

Fifth Third Bank Racked with $20M Fine for Illegal Practices Read More

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