Finanse i konsumenci · 23/02/2024

Consumer Financial Protection Bureau Proposes Update to Overdraft Lending Regulations

The Consumer Financial Protection Bureau (CFPB) has proposed amendments to Regulations E and Z to clarify exceptions for overdraft credit provided by large financial institutions, aiming to ensure that these products adhere to consumer protection standards, while allowing for small overdraft fees that only cover costs and losses.

Source: Federal Register — Consumer Financial Protection BureauOpen original release →

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