June 20, 2021

CFPB report: Typical overdraft situation is comparable to small-dollar loan with 17,000% interest rate

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By Ashlee Kieler From Consumerist If you’re one of the hundreds of millions of consumers who use a debit card you’ve likely found yourself on the receiving end of an overdraft fee when your account balance just wasn’t quite enough to make a desired purchase. While consumers might not necessarily question the occasional overdraft fee, […]