The U.S. banking industry won a key victory in its effort to block the implementation of a Consumer Financial Protection Bureau rule that would've drastically limited the fees that credit card ...

New government regulations are slashing the late fees charged by many credit card companies. On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty ...

A federal judge in Texas on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.U.S. District Judge Mark T.

In March, the Consumer Financial Protection Bureau issued a rule capping credit card late payments at $8. To close what the CFPB calls "a 2010 loophole exploited by credit card giants," the rule ...

The Biden Administration has been trying to create laws and rules that would limit "junk fees" charged by credit card companies and other companies with consumer fees. One of those rules would ...

Conversations about credit card debt are often framed as a result of personal choices, but major credit card companies use ...

May 28 (Reuters) - The U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday scored a jurisdictional victory when a federal judge in Texas transferred to another court in Washington an ...

The high interest rate environment has done little to dampen the appetite for credit products, a recent TransUnion report ...