FILE - The Venmo app is displayed on an iPad on March 20, 2018, in Baltimore. (AP Photo / Patrick Semansky, File)

The alert comes several weeks after the failure of Silicon Valley Bank, Signature Bank and First Republic Bank, which all experienced bank runs after fearful customers with uninsured deposits pulled their money en masse.

New rules from the federal government aim to protect consumers from loans they can't afford. Do they offer enough safeguards or will they make it too hard to get a loan? An expert weighs in.