Policy & Legislation

Print this    

Both Congress and federal regulators are looking at ways to address unfair practices in the overdraft systems of our nation’s financial institutions.


Search Overdraft Loans - Policy & Legislation
Browse Overdraft Loans - Policy & Legislation

Items 1 - 10 of 33  1234Next
  • Banks Should Disclose Overdraft Fees
    Published: May 9 2013      Issue: Overdraft Loans

    Today banks are allowed to report overdraft fees as part of general service charge income, but CRL supports greater transparency. In this comment letter to the Federal Financial Institutions...

  • Comments to CFPB on Overdraft Practices
    Published: Jul 6 2012      Issue: CFPB, Overdraft Loans

    CRL joined with CFA and NCLC to provide the CFPB (Consumer Financial Protection Bureau) with documentation of bank overdraft practices and their impact on consumers. The CFPB should stop banks from...

  • Comment to the Federal Reserve on Notice by Capital One to Acquire ING Bank
    Published: Sep 20 2011      Issue: Overdraft Loans

    The Center for Responsible Lending commented on Capital One's proposed acquisistion of ING Bank at a public meeting held by Federal Reserve on September 20, 2011.

  • Comments to OCC on Overdraft and Bank Payday Loans
    Published: Aug 9 2011      Issue: Overdraft Loans

    CRL filed comments to the OCC on August 8, 2011 urging them to strengthen rules on overdraft and bank payday lending. Automatic debit overdrafts, re-ordering of account transactions and direct...

  • AFR Sign-on to OCC on Overdraft and Bank Payday
    Published: Aug 9 2011      Issue: Overdraft Loans, Payday Loans

    Consumer groups fear OCC proposed guidance may legitimize and facilitate the spread of payday lending by national banks, and banks would continue abusive overdraft practices—harming bank customers,...

  • Overdraft Opt-In Savings
    Published: Jun 23 2011      Issue: Overdraft Loans

    Better Overdraft Policies Put Money Back In Consumers' Pockets: Regulators Must Stop Remaining Overdraft Abuses

  • Banks Collect Overdraft Opt-Ins Through Misleading Marketing
    Published: Apr 26 2011      Issue: Overdraft Loans

    A Center for Responsible Lending survey indicates that most consumers do not want high-cost overdraft coverage for their checking accounts, and that opt-ins are largely based on aggressive and...

  • Joint Letter Urging OCC to Curb Overdraft Abuse
    Published: Oct 13 2010      Issue: Overdraft Loans

    The Center for Responsible Lender added its signature to a letter from national consumer organizations asking the Office of the Comptroller of the Currency (OCC) to adopt stricter overdraft...

  • Joint Letter in Support of FDIC Overdraft Proposals September 2010
    Published: Sep 27 2010      Issue: Overdraft Loans

    CRL and a cross-section of civil rights, labor, consumer, housing, community, business, and sustainable and responsible investor groups sent a joint letter to the FDIC expressing support for...

  • Comment Letter on FDIC's Proposed Overdraft Guidance
    Published: Sep 27 2010      Issue: Overdraft Loans

    CRL and other consumer advocates filed a comment letter with the FDIC supporting most aspects of the agency's proposed guidance on overdraft. The groups also made recommendations on how the agency...

Items 1 - 10 of 33  1234Next