The Committee on Codes of Conduct of the Judicial Conference of the United States (Committee) has…
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CFPB Bans Excessive Credit Card Late Fees, Lowers Typical Fee from $32 to $8
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) finalized a rule today to cut excessive…
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Minnesota federal court dismisses lawsuit against FDIC over NSF fee guidance
On April 8, 2024, a Minnesota federal district court dismissed without prejudice the complaint filed by…
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Resistance to the CFPB’s late fee rule exposes banks’ bigger problems
Hidden fees have become so standard that the industry has lost perspective on what a consumer-centric…
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Operational impacts of the new CFPB Credit Card Late Fee Rule
On March 5, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued its final credit card late…
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