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?"

Published

Nov 7, 2022

Citation

87 FR 66935

Agencies

2022-23982Consumer Financial Protection Circular 2022-06: Unanticipated Overdraft Fee Assessment Practices

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Agencies (1)

CFPB — Consumer Financial Protection Bureau

CFR References

12 CFR

Document Details

Type: Final Rule
Action: Consumer financial protection circular.
Document #: 2022-23982
Citation: 87 FR 66935
Publication Date: Nov 7, 2022
Dates: The Bureau released this Circular on its website on October 26, 2022.
Federal Register Pages: Vol. 87, pp. 66935–66940
Page Views: 2,602

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