---
title: CFPB Extends Time For Comments on Overdraft Programs
date: 2012-04-27T16:07:25-04:00
author: Import Bot
canonical_url: "https://www.kelleydrye.com/viewpoints/blogs/ad-law-access/cfpb-extends-time-for-comments-on-overdraft-programs"
section: Blog Posts
---
# CFPB Extends Time For Comments on Overdraft Programs

 April 27, 2012

 

 

 

 

 

 

The CFPB has [extended](http://www.consumerfinance.gov/blog/comment-period-on-overdrafts-extended-to-june-29/) the amount of time for comments on overdraft programs from the end of April to June 29, 2012. The original [Notice and Request for Information](http://files.consumerfinance.gov/f/2012/02/FR-Notice_Overdraft.pdf), published on February 22, 2012, asked for information from the public, including consumers, overdraft program processors, and financial institutions, on how overdraft programs work, including information on:  
• How consumers utilize overdraft programs,  
• The information provided to consumers that inform their everyday banking decisions,  
• Alternatives consumers have for meeting short-term shortfalls,  
• How recent regulations and changes in bank products and terms have impacted overdraft incidence, and  
• The costs financial services providers incur to provide banking and overdraft services.  
The CFPB has already received over [200 comments](http://www.regulations.gov/#!docketDetail;dct=FR%252BPR%252BN%252BO%252BSR%252BPS;rpp=25;po=0;D=CFPB-2012-0007) to date but this extended period of time provides financial service providers and others with an opportunity to review the existing comments and submit their own.

 

 **Tags:** [Consumer Financial Protection](https://www.kelleydrye.com/viewpoints/blogs/ad-law-access/tags/consumer-financial-protection)

 

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