CFPB Guns for Credit Card Late Fees: Aims to Slash by $9 Billion a Year

The credit card business is a good one as this type of credit typically charges outlandish rates as well as silly fees. Today, the Consumer Financial Protection Bureau (CFPB) is specifically targeting late fees charged to consumers as it proposes a reul that aims to… Read More
Read more in: Politics, Legal & Regulation | Tagged consumer financial protection bureau, credit card late fees, rohit chopra