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MyChesCo

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Fee

Wells Fargo Bank
National

Wells Fargo to Pay $3.7 Billion for Widespread Mismanagement of Auto Loans, Mortgages, and Deposit Accounts

December 26, 2022December 24, 2022 - by MyChesCo

The Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations …

Wells Fargo to Pay $3.7 Billion for Widespread Mismanagement of Auto Loans, Mortgages, and Deposit Accounts Read More

Federal Trade Commission
National

The Federal Trade Commission Is Cracking Down on Junk Fees

October 22, 2022October 21, 2022 - by MyChesCo

The Federal Trade Commission announced that it is exploring a rule to crack down on junk fees proliferating throughout the economy. Junk fees are unnecessary, unavoidable, or surprise charges that …

The Federal Trade Commission Is Cracking Down on Junk Fees Read More
Bank
Pennsylvania

AG Shapiro Calls for Consumer Banks to Eliminate Overdraft Fees

April 7, 2022April 7, 2022 - by MyChesCo

HARRISBURG, PA — Attorney General Josh Shapiro, along with a multistate coalition of attorneys general, this week called on the CEOs of JPMorgan Chase, Bank of America, U.S. Bank, and …

AG Shapiro Calls for Consumer Banks to Eliminate Overdraft Fees Read More

money
National

Credit Card Companies Charged $12 Billion in Late Fee Penalties in 2020

April 4, 2022April 3, 2022 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued a report showing that credit card issuers charged $12 billion in late fees in 2020. Late fee penalties are …

Credit Card Companies Charged $12 Billion in Late Fee Penalties in 2020 Read More
credit card
National

CFPB Takes Action to Halt Prepaid Card Providers Siphoning Government Benefits

February 17, 2022February 17, 2022 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced this week that it is taking action to halt prepaid card providers illegally siphoning money away from Americans through exclusive …

CFPB Takes Action to Halt Prepaid Card Providers Siphoning Government Benefits Read More

Consumer Financial Protection Bureau (CFPB)
National

Consumer Financial Protection Bureau Launches Initiative to Save Americans Billions in Junk Fees

January 29, 2022January 28, 2022 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) this week launched an initiative to save households billions of dollars a year by reducing exploitative junk fees charged by banks …

Consumer Financial Protection Bureau Launches Initiative to Save Americans Billions in Junk Fees Read More
Bank
National

CFPB Research Shows Banks’ Deep Dependence on Overdraft Fees

December 2, 2021December 2, 2021 - by MyChesCo

WASHINGTON, D.C. — Banks continue to rely heavily on overdraft and non-sufficient funds (NSF) revenue, which reached an estimated $15.47 billion in 2019, according to research released today by the Consumer …

CFPB Research Shows Banks’ Deep Dependence on Overdraft Fees Read More

law
Pennsylvania

AG Shapiro’s Action Requires Marriott to Disclose “Resort Fees”

November 19, 2021November 18, 2021 - by MyChesCo

HARRISBURG, PA — Attorney General Josh Shapiro announced that his office this week reached a settlement with Marriott International, Inc. regarding the disclosure of “resort fees.”

AG Shapiro’s Action Requires Marriott to Disclose “Resort Fees” Read More
Subscription Fees
Special Feature

How to Avoid Unexpected Fees From Subscription or Recurring Services

May 18, 2021May 17, 2021 - by StatePoint

What may have started as a deal too good to pass up could end up costing you for months to come. Costly subscription services could be charging your debit or …

How to Avoid Unexpected Fees From Subscription or Recurring Services Read More

Trending News

  • State Highways Scheduled for Construction Activities Next Week in Philadelphia, Chester, Montgomery Counties
  • Governor Shapiro and Cabinet Committed to Moving Pennsylvania Forward
  • Top 10 Restaurants Serving Authentic Ethnic Food in Chester County
  • Repairs Scheduled on Several State Highways Next Week
  • Pennsylvania Senator John Fetterman Co-Sponsors Four Key Pieces of Legislation

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