"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 ...

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

“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 ...

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

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

Aside from potentially protecting yourself from late fees and high interest charges, paying your credit card early can indirectly affect your credit. Below, CNBC Select looks at whether it's good ...

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.

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 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.