US government proposes rule to save Americans $9B by reducing credit card late fees

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TAMPA, Fla. (WFLA) — The federal government is targeting late fees and junk fees levied on credit card customers in a new regulatory move, announced Wednesday. The Consumer Finance Protection Bureau, a federal agency that works to ensure fair treatment of Americans by banks, lenders, and financial institutions, has proposed a new set of policies […]
TAMPA, Fla. (WFLA) — The federal government is targeting late fees and junk fees levied on credit card customers in a new regulatory move, announced Wednesday. The Consumer Finance Protection Bureau, a federal agency that works to ensure fair treatment of Americans by banks, lenders, and financial institutions, has proposed a new set of policies […]