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Kiplinger
Kiplinger
Business
Jamie Feldman

Bank Overdraft Fees Could Soon Drop Significantly

CFPB Joe Biden
Cartoon man in having money fly put of his pockets to a large U shaped magnet in someone's hand.

The Consumer Financial Protection Bureau (CFPB) has announced a plan to curb bank overdraft fees, which it says cost American consumers billions of dollars annually. 

Under the proposal, some overdraft fees could drop to as low as $3.

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