Overdraft fees and credit denial show an association
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AI-assisted source synthesis · not an independent investigation.
On October 10, 2026, PYMNTS reported that the Consumer Bankers Association (CBA) analyzed the Federal Reserve’s 2025 survey, focusing on the relationship between consumers paying overdraft fees and experiencing credit denial. The analysis found that among consumers who had paid overdraft fees in the past 12 months, 60% also reported having been denied credit; this proportion was approximately 1.5 times that of those who had not paid overdraft fees. The report presented an association between the two, and did not provide a causal conclusion. Existing reports did not provide other data or subsequent developments from the analysis.
AI-written from reports · updated 10 days ago
Timeline
Follow the reporting to see the different sides of the story.
- PYMNTSPYMNTS: Overdraft Fees Associated with Credit Denials as Cash Flow Data Enters Credit Decisions
An analysis by Consumer Bankers Association based on Federal Reserve's 2025 survey found that 60% of consumers who paid overdraft fees in the past 12 months also reported being denied credit, approximately 1.5 times the rate among those who did not pay them.