"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 ...

"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 ...

“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 ...

Former President Donald J. Trump has suggested a temporary cap on credit card interest rates of about 10% during a campaign ...

Former President Donald Trump has made headlines over the past week with yet another surprise economic policy announcement.

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

The rule would bring the average credit card late fee down from $32 ... a lawsuit to try to prevent the federal agency from capping late fees at $8. “The Consumer Financial Protection Bureau ...

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.

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 ...

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.

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 ...