Has a bank charged you a fee that you didn't expect?
You are not alone. Unfortunately, hidden fees and complicated terms make it difficult for consumers, like you, to choose the product that best meets their needs and avoid incurring unexpected fees. Checking accounts are the most important tool that families use to manage their money. More than 90% of Americans rely on these accounts to securely deposit and track their funds and pay their bills.
The Consumer Financial Protection Bureau (CFPB) has the authority to write new rules to make checking accounts safer and rein in deceptive practices from banks that end up costing consumers billions of dollars per year.
Last month, the bureau released a report on bank overdraft practices and the ability of consumers to anticipate and avoid these costs. It's our turn to tell them our stories.
Act Now: Ask the CFPB to make your checking account safer.
You are not alone. Unfortunately, hidden fees and complicated terms make it difficult for consumers, like you, to choose the product that best meets their needs and avoid incurring unexpected fees. Checking accounts are the most important tool that families use to manage their money. More than 90% of Americans rely on these accounts to securely deposit and track their funds and pay their bills.
The Consumer Financial Protection Bureau (CFPB) has the authority to write new rules to make checking accounts safer and rein in deceptive practices from banks that end up costing consumers billions of dollars per year.
Last month, the bureau released a report on bank overdraft practices and the ability of consumers to anticipate and avoid these costs. It's our turn to tell them our stories.
Act Now: Ask the CFPB to make your checking account safer.