CFPB Issues Strong Final Rule to Protect Georgians From Junk Overdraft Fees Georgians Must Urge Congress to Support the Cap
December 14, 2024
December 14, 2024
ATLANTA, Georgia, Dec. 14 -- Georgia Watch issued the following news release on Dec. 13, 2024:
Consumers in Georgia burdened by predatory overdraft fee practices will receive critical relief after today's announcement that the Consumer Financial Protection Bureau (CFPB) has finalized its overdraft rule. The new regulation caps most overdraft fees at $5, saving consumers billions annually and offering transparency in banking practices. The CFPB's rule addresses exorbitant fees that o . . .
Consumers in Georgia burdened by predatory overdraft fee practices will receive critical relief after today's announcement that the Consumer Financial Protection Bureau (CFPB) has finalized its overdraft rule. The new regulation caps most overdraft fees at $5, saving consumers billions annually and offering transparency in banking practices. The CFPB's rule addresses exorbitant fees that o . . .