CFPB Finalizes Rule On Overdraft Credit - What Financial Institutions Need To Know

Source :: Mondaq Business Briefing. December 27, 2024
Publication Year :: 2024
Abstract: On December 12, the Consumer Financial Protection Bureau (CFPB) finalized a rule (Rule) designed to reshape the regulatory framework for overdraft credit provided by very large financial institutions.1 This highly [...]

Subjects :: Consumer protection -- Laws, regulations and rules
Banking law -- Laws, regulations and rules
Financial institutions -- Laws, regulations and rules
Costs (Law) -- Laws, regulations and rules
Consumer credit -- Laws, regulations and rules
Government regulation
Business, international

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