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Do credit card late fees actually protect consumers? | iNFOnews | Thompson-Okanagan's News Source infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.
Do credit card late fees actually protect consumers?- In a time when inflation is driving up the cost of nearly everything you buy, something else has increased, too: credit card late fees. Thanks to a clause in the 2009 Credit Card Act, credit card issuers can raise late fees, and over time those fees. ....
The Consumer Financial Protection Bureau is considering a new rule that would slash credit card late fees by 75%, from current highs of up to $41 to as low as ....