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News you missed: New restaurants, Navy Federal gets break on overdraft fees
06 Jul 2025 15:04 GMT
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News you missed: New restaurants, Navy Federal gets break on overdraft fees
06 Jul 2025 10:35 GMT
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Should you take a personal loan via GPay? Pros, cons, and hidden charges explained
04 Jul 2025 13:43 GMT
… several hidden processing charges or prepayment penalties fees that could … mind, alternatives such as overdraft facilities, credit card interest … , but interest rates and fees vary widely. It is … high interest rates, hidden charges, etc. We advise investors …
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RBI bars foreclosure charges on floating rate loans to micro, small businesses
03 Jul 2025 19:44 GMT
… of India (Pre-payment Charges on Loans) Directions, … institutions were levying prepayment charges inconsistently and, in … overdraft facilities, the RBI has clarified that no prepayment charges … charges will not be allowed, and lenders cannot reintroduce any fees …
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NATIONAL NEWS – CFPB drops $95M overdraft case against Navy Federal Credit Union
03 Jul 2025 17:24 GMT
… , originally involving $80 million in overdraft fee refunds and a $15 million … case centered on “authorized positive overdraft fees” charged between 2017 and 2022.
Navy …
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How to Actually Avoid Bank Fees in 2025
03 Jul 2025 14:24 GMT
… account open.
Overdraft or NSF fees are charged if you overdraft your bank account … when you charge your … exchange fees, usually around 3% of the transaction, and a currency conversion fee …
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RBI bans foreclosure charges on floating rate loans to MSEs: How will it benefit small businesses?
03 Jul 2025 11:54 GMT
… lenders from levying foreclosure charges or pre-payment penalties … credit/ overdraft facilities, no pre-payment charges will be … applicability of pre-payment charges in the sanction letter … will not levy any charges/ fees retrospectively at the time …
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RBI Bans Pre-Payment Charges On Biz Loans, New Rules To Help Individuals, MSEs From 2026
03 Jul 2025 05:25 GMT
… Highlights: - No pre-payment charges on floating-rate business loans … and lenders were still charging fees for early payment of business … renew a cash credit or overdraft facility, and they close it … time, then no pre-payment fee will apply.
(With PTI Inputs …
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CFPB drops $95M overdraft case against Navy Federal
03 Jul 2025 01:19 GMT
… Tuesday it has terminated its overdraft fee-related consent order against Navy … $95 million for “illegal surprise overdraft fees” – the largest penalty ever against … 2022, the credit union charged customers overdraft fees on certain ATM withdrawals and …
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CFPB dismisses $95M overdraft case against Navy Federal
03 Jul 2025 01:10 GMT
… required to refund $80M in overdraft fees.
CFPB under Trump administration dismisses … order.
Case involved “authorized positive overdraft fees” from 2017–2022.
Navy Federal … card transaction but later charges the customer an overdraft fee when that earlier …