Consumer Financial Protection Circular 2022-06: Unanticipated Overdraft Fee Assessment Practices

introduced

The Consumer Financial Protection Bureau (Bureau or CFPB) has issued Consumer Financial Protection Circular 2022-06, titled, "Unanticipated Overdraft Fee Assessment Practices." In this Circular, the Bureau responds to the question, "Can the assessment of overdraft fees constitute an unfair act or practice under the Consumer Financial Protection Act (CFPA), even if the entity complies with the Truth in Lending Act (TILA) and Regulation Z, and the Electronic Fund Transfer Act (EFTA) and Regulation E?"

Who took a position

Lobbied on (6)

Brownstein Hyatt Farber Schreck
LEADERSHIP CONFERENCE ON CIVIL AND HUMAN RIGHTS
H&R BLOCK MANAGEMENT, LLC
NATIONAL ASSOCIATION OF CONSUMER ADVOCATES, INC.
CALIFORNIA AND NEVADA CREDIT UNION LEAGUES
CROSSSTATE CREDIT UNION ASSOCIATION

Opposing (0)

No opposing positions recorded.