Insight
CFPB Alive and Kicking – Issues New Guidance to Eliminate "Junk Fees" with Banks and Fintechs in its Cross Hairs
by Aravind Swaminathan, Camille Joanne Rosca and Michaela Frai
November.14.2022
The CFPB issued guidance to warn financial institutions that overdraft and "bounced check" fees likely violate consumer protection laws.