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Tag : overdraft
FCA announces new proposals to protect millions using overdrafts and high-cost credit
The Financial Conduct Authority (FCA) is consulting on follow an in-depth review into the high-cost credit market and are expected to reduce the costs for consumers and give them greater control over their finances...
Top 5 ways consumers can avoid overdraft fees
Some tips by Robin L. Wiessmann, Secretary of Banking and Securities, Pennsylvania January 5, 2017: With Americans paying more than $11 billion in overdraft checking fees in 2016, Secretary of Banking and Securities Robin L. Wiessmann is advising consumers on ways they can save money and avoid overdraft fees, which can cost $20-$45 per transaction. “An overdraft is when the amount...