Senate Banking Committee

weekly-credit-card-update (1) Weekly Credit Card Update–March 22, 2013

Lawmakers Target Unfair Overdraft Charges Democrats have introduced a bill that would limit the cost of overdraft fees and prohibit practices that increase the likelihood customers will overdraw their accounts. The Overdraft Protection Act would prohibit financial institutions from charging more than one overdraft fee per month or more than six each year; require overdraft fees