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U.S. consumers stand to save billions from banks’ overdraft reforms

Large and regional banks are not only slashing overdraft fees, they’re introducing small-dollar loans to help customers cope with income shortfalls. The policy changes made recently by just five banks could save consumers as much as $2 billion a year, according to a new analysis.

Read the full article at: www.americanbanker.com

The post U.S. consumers stand to save billions from banks’ overdraft reforms appeared first on LendIt Fintech News.

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