This report is an update to CFPB’s May 2020 report and December 2020 blog regarding the effects of COVID-19 on consumer credit applications, as reflected in credit report inquiries. It examines the different paths of recovery for different types of credit applications.Auto loan applications...

In this report, we use Call Report data since 2015 to study the evolution of banks’ reliance on overdraft and NSF fees. Despite drops in overdraft/NSF fee reliance experienced by most banks during the pandemic, we find that the market for overdraft and NSF has been quite stable. Aggregate and...

This Data Point describes overdraft practices and outcomes at several thousand credit unions and banks in 2014 using data provided by core processors. While the data underlying the report are from a few years ago and may not always reflect current practices and outcomes, to our knowledge, these...