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Starting Tuesday, May 14, large card issuers can't charge you more than $8 if you're late on your credit card payments. Families throughout the U.S. will save an estimated $10 billion in late...
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.
The Chase Freedom Unlimited is the best no annual fee credit card with a sign-up bonus. You’ll earn a flat $200 bonus after you spend $500 on purchases in the first three months from...
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards.
Zazzle is an American online marketplace that allows designers and customers to create their own products with independent manufacturers (clothing, posters, etc.), as well as use images from participating companies.
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The CFPB has finalized a rule it proposed last year and will cap credit card late fees for the largest card issuers at $8.
The new rule aims to close a 2010 loophole the CFPB says has been “exploited” by credit card companies, allowing them to jack up fees on borrowers who made late payments.
The Consumer Financial Protection Bureau's new regulations will set a ceiling of $8 for most credit card late fees or require banks to show why they should charge more than $8 for such a fee.
The CFPB announced that it will close a loophole that costs Americans more than $14 billion per year in late fees on their credit cards, writes Ed Mierzwinski.