Rule was part of US government crackdown on "junk fees" Business and banking groups challenged the regulation Dec 6 (Reuters) - A federal judge in Texas rejected on Friday a request by the Consumer ...
A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8. US District Judge ...
A new rule from the Biden administration means credit card holders will soon see a dramatic drop in late fees. The Consumer Financial Protection Bureau finalized a rule Tuesday that will cut late fees ...
The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.” By Stacy Cowley Millions of Americans could soon see lower credit card bills ...
A federal judge threw out a U.S. Consumer Financial Protection Bureau (CFPB) rule Tuesday that capped all credit card late fees at $8. U.S. District Judge Mark Pittman of the U.S. District Court for ...
May 10 (Reuters) - A federal judge in Texas on Friday halted the Consumer Financial Protection Bureau's new rule capping credit card late fees at $8, a victory for business and banking groups ...