Policy Analysis || Additional Resources

The banking industry is making forays into the high-cost lending market with “bounce protection” plans, a new form of high-cost credit that boosts fee income for banks. Using aggressive marketing techniques, banks are encouraging their low- and moderate-income customers to use bounce loans as a source of credit. Rather than denying a withdrawal, banks permit customers to overdraw at the ATM or through debit card transactions without informing them about the overdraft or accompanying fees.

Policy Analysis

Policy Briefs, Reports & Press Releases


Comments & Letters

  • Consumer comments in response to the CFPB’s request for information regarding junk fees imposed by providers of consumer financial products or services, May 2, 2022
  • Group Letter supporting H.R. 4277 (Rep. Maloney), Overdraft Protection Act of 2021, March 30, 2022
  • Consumer and civil-rights coalition opposition letter to the Consumer Financial Protection Bureau (CFPB) re: Overdraft rule review pursuant to the Regulatory Flexibility Act, Docket No. CFPB-2019-0023 (opposing weakening overdraft fee opt-in rule), July 1, 2019; press release


  • Written Testimony for Senate Banking Committee Overdraft Fees Hearing, May 4, 2022
  • NCLC statement for House Financial Services Committee hearing on overdraft fees, March 31, 2022



Additional Resources

Overdraft Loans Archive