Large U.S. banks plucked over $11 billion in overdraft fees out of their customers’ accounts in 2019, according to a new report by the Center for Responsible Lending (CPL). The organization analyzed ...
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Overdraft Fee

Overdraft fees are fees charged by your bank when you have too low a balance to cover a payment you've made. To avoid the transaction being cancelled, the bank provides what is called an 'overdraft ...