alleged debt

CFPB Launches Inquiry into Overdraft Practices

CFPB Launches Inquiry into Overdraft Practices Bureau Explores Ways to Help Consumers Avoid Overdraft Penalty Fees WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) launched an inquiry into checking account overdraft programs to determine how these practices are impacting consumers. As part of that inquiry, the CFPB is seeking public input on a prototype “penalty fee box” – a disclosure on a consumer’s checking account statement that...