Junk fees: Latest News, Top Stories & Analysis

The Federal Trade Commission announced it is sending payments totaling more than $3.3 million to customers of Passport Auto, a Washington D.C.-area auto dealer. In October 2022, the FTC charged …

Consumer Financial Protection Bureau (CFPB)

National

Banks Violating Federal Law by Reopening Closed Accounts, Report Shows

May 15, 2023May 14, 2023 - by MyChesCo

The Consumer Financial Protection Bureau (CFPB) recently issued a new circular affirming that a bank may violate federal law if it unilaterally reopens a deposit account to process transactions after …