The #CFPB rule to drop #BigBank overdraft fees from $35 to $5 reduces surprise (misnamed “courtesy”) overdraft fees to the bank’s costs, while allowing safer, more transparent overdraft lines of credit with no price limit. #ProtectConsumers #HandsOffCFPB https://www.nclc.org/resources/overdraft-rule-returns-5-billion-in-big-bank-junk-fees-to-consumers-pockets/
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