An occasional overdraft notice might cause some consternation with a few people, but for the most vulnerable members of the population, millennials, renters, and those earning less than $50,000 a year ...

Consumer groups applauded the move, but banks said customers could be driven toward more expensive options such as payday loans The Biden administration said Thursday that a new rule set to take ...

The overdraft fee is essentially a form of short-term credit. No matter how much the transaction is worth that puts the customer in a negative balance, the fee to cover the transaction is standard.