Deputy Controller of Budget Stephen Masha/HANDOUT The National Treasury has slashed its reliance on the expensive overdraft facility at the Central Bank of Kenya (CBK) by more than 60 per cent. According to the Deputy Controller of Budget, Stephen …

It will be more challenging for new account holders to obtain large overdrafts Overdrafts of more than €200 are expected to come under more scrutiny fizkes / Shutterstock Major changes to new French bank accounts are set to take place next year, as the …

Laois County Council has agreed bank overdrafts totalling €23 million for the …

Premier David Burt tabled regulations which he said “represent an important step in ensuring that Bermuda’s financial services framework provides fair treatment for consumers.”Speaking in the House of Assembly today [Sept 26], the Premier said, “Earlier …

… found rising credit debt and bank overdrafts. There may even be a …

… on a $50.8-million bank overdraft, leaving it with a negative …

… ’ve seen an increase in bank overdrafts, credit card balances, and delinquent …

… -era rule that capped most bank overdraft fees at $5 is on …

Legal aid attorney Elizabeth Lynch says that Congress voting to overturn overdraft fee limits is a major blow for working class people. Those fees can turn a $1 overdraft into a $36 penalty and very quickly add up.  “We see things that are more akin to …

Banks are making billions of dollars annually from overdraft fees, with Chase alone earning $1 billion last year.Wells Fargo and Navy Federal Credit Union are also cashing in, reporting $1 billion and $335 million in overdraft fees, respectively.To avoid …