The CFPB points to lack of competition in the credit reporting industry as a culprit. While it remains to be seen what truly constitutes a “junk” fee, you won’t know you’re potentially ...

The Senate voted to squash a rule limiting bank overdraft fees to $5. The House still needs to vote. Banks collected about $5.8 billion in overdraft fees from consumers in 2023. From JPMorgan to ...

Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late ... credit scores rise by an average of 20 points." But on Feb. 6, an East Texas judge issued ...