"Consumers will shoulder $800 million in late fees every month that the rule is delayed — money that pads the profit margins ...

A federal judge in Texas on Friday blocked the Consumer Financial Protection Bureau’s new rule for an $8 cap on credit card late fees, a victory for business and banking groups that said the ...

Donald Trump surprised the financial services industry when he floated “a temporary cap” on credit card interest rates during a campaign speech.

“In fact, the rule would increase the desire for credit card companies to facilitate on-time payment, since it would lower incentives to build a business model on late fees,” the agency adde ...

"But that's exactly what the CFPB's rule to limit credit ... To the extent that capping late fees will translate into higher interest rates for all credit card users—not merely those who are ...

Stephen Yang for the New York Post Former President Donald Trump floated limiting annual credit card interest rates to a maximum of 10% during a campaign stop on Long Island Wednesday night ...

The changes come as courts consider a legal challenge to a Consumer Financial Protection Bureau rule, which would cap the charges at $8. PNC Bank has quietly slashed its credit card late fees to $8, ...

Former President Donald Trump promised the country he would place a temporary cap on credit card interest rates if he returns to the White House.

From annual fees ... after a late payment. Earlier this year, the Consumer Financial Protection Bureau (CFPB) implemented a rule lowering the typical late fee to $8 for certain credit card issuers.

Credit card late fees can currently cost up to $41, and although they may soon be capped at $8, they can still put a serious dent in your wallet if you make a habit of paying past the due date.

Credit-card companies aren't giving up their late fees that easily. In March, the Consumer Financial Protection Bureau announced that the federal government had made a new rule capping credit-card ...

That said, some of the best credit cards charge annual fees ... a credit card annual fee can be worth your while if the card's value outweighs the cost. But as a rule, it's best to focus on ...