While there hasn’t been much change recently with respect to overdrafts, there are some things we need to keep an eye on. First, the new Administration has a different take on consumer protection and what that means. Thus, the CFPB is looking closer at current consumer protection laws and looking towards reform as we move forward. We have no doubt that overdrafts will make their way back onto the CFPB’s rule-making agenda.
Jerod explains more in the video.
Published
2021/07/20