Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 

As the economic and financial imbalances caused by the pandemic persist, access to credit has become vital for covering short-term financial needs, purchasing goods and services, and paying bills. 

Against this backdrop, overdrafts have emerged as a popular form of credit, providing consumers with financial flexibility while generating revenue for financial institutions.

However, this form of credit comes at a cost, per findings detailed in “The Credit Accessibility Series: How Consumers...