CFPB proposes lowering credit card late fees ...Middle East

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CFPB proposes lowering credit card late fees
The Consumer Financial Protection Bureau on Wednesday proposed lowering late fees that credit card companies can charge without legal challenge by at least 73 percent, to $8. The change, if finalized, would save consumers up to $9 billion a year, according to the agency. The proposal is part of a bigger push by the White […] The post CFPB proposes lowering credit card late fees appeared first on Roll Call.

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