This article discusses how debit and credit cards work, including their pros and cons. It ends with some helpful tips and ...

President Trump, under pressure to bring down the painfully high cost of living, announced at Davos that he is calling on ...

Overdrawing your bank account isn’t fun — but it happens. When it does, one of the first questions people ask is: does overdraft affect your credit score? The short answer? Not directly. But there’s ...

Many are unaware of the real cost of being overdrawn. Certainly when I do telly money makeovers, people either never know or get the rate totally wrong. So if you are overdrawn it’s crucial to check ...

When used to your advantage, credit cards offer a convenient and flexible way to borrow money and manage your spending. But ...

The Consumer Financial Protection Bureau (CFPB) recently finalized its “Overdraft Lending: Very Large Financial Institutions Rule,” introducing sweeping changes to how overdraft credit is structured ...

The CFO of the largest U.S. lender didn’t rule out that the banking industry could take legal action if a credit card interest rate cap is imposed, as President Donald Trump has suggested.

On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued a final rule that treats covered overdraft services offered by banks with more than $10 billion in assets (large banks) as ...

Navy Federal Credit Union will pay $95 million in fees and refunds for charging illegal overdraft fees to its customers, the Consumer Financial Protection Bureau announced Thursday. According to the ...

According to the latest National Financial Educators Council (NFEC) survey, Americans lost an average of $948 to mistakes ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Herb Weisbaum, The ConsumerMan and ...