A federal judge has again ordered Wells Fargo to pay $203 million to settle class action litigation accusing it of imposing excessive overdraft fees on checking account customers, reviving a... Read more
Woodforest Bank has agreed to refund more than $12 million to consumers who were charged high overdraft fees on bank accounts. In addition, the bank will pay a $400,000 penalty to the federa... Read more
Overdraft fees are boosting banks’ profits at the expense of consumers, especially young and low-income people, according to findings in a new Federal Deposit Insurance Corp. study. Th... Read more
According to consumer advocates, members of Congress and banking officials, it appears that stricter regulation of the credit card industry will be approved by the end of the year. The comme... Read more
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