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Much-talked-about $8 late fee on credit cards hits roadblock: What's ahead
Detroit Free Press via Yahoo Finance· 2 hours agoBut the U.S. Chamber of Commerce, the American Bankers Association, the Consumer Bankers Association and others pushed back aggressively ...
Banks win in ruling on late-fee charges | Arkansas Democrat Gazette
Arkansas Democrat-Gazette· 6 hours agoBanks are celebrating an early legal win in their fight to kill new U.S. rules that threaten...
Trade groups express concern to FHFA over historic credit data - HousingWire
HousingWire· 17 hours agoA coalition of trade organizations — including the American Bankers Association (ABA), the Housing Policy Council (HPC), the Independent ...
Credit card issuers charge new fees, higher interest rates to get around $8 late fee cap
USA TODAY via Yahoo Finance· 2 days agoBut the launch could be delayed as part of the legal battle that has ensued after the U.S. Chamber...
Big Box Bailout bill is an attack on consumers - CUInsight
CUInsight.com· 7 days agoBig box retailers are attacking consumer convenience, security, and value with the Big Box Bailout...
US judge halts rule capping credit card late fees at $8
Reuters via Yahoo Finance· 4 days agoU.S. District Judge Mark Pittman in Fort Worth issued a preliminary injunction preventing the rule...
Linda Wilhelms Navarro set to retire from critical Oregon banking role - Portland Business Journal
The Business Journals· 7 days agoThe Oregon Bankers Association will have a new leader for the first time in nearly 28 years. Linda...
Pot banking bill advocates push for action this year
Banking Dive via Yahoo Finance· 1 day agoProponents hope the SAFER Banking bill can be attached to a larger legislative vehicle, as stand-alone passage in the Senate seems increasingly unlikely.
Judge Blocks New U.S. Rule Limiting Credit Card Late Fees
New York Times· 4 days agoSet to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the...
Consumer Financial Protection Bureau bans excessive credit card late fees
WDTV· 6 days agoThe Consumer Financial Protection Bureau (CFPB) is banning excessive credit card late fees, lowering...