These practices are illegal and undermine customer trust.
The CFPB will be putting an end to these practices across the banking system.
It also came in at No.
6 on our list of theworst banksin the country for its sheer number of customer complaints.
The CFPB is accusing Bank of America of the following.
Federal officials have been cracking down on illegaljunk feesover the last year.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…
This isnt the first time Bank of America has come under fire from the CFPB, either.
Rachel Christian is a Certified Educator in Personal Finance and a senior writer at The Penny Hoarder.
She focuses on investing, retirement, taxes and life insurance.
When you log into your bank account, how do your savings look?
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?