Court Scraps $8 Limit on Credit Card Late Fees

Court Scraps $8 Limit on Credit Card Late Fees

The New York Times - Business:

The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau set last year.

Stacy Cowley
Author: Stacy Cowley

This post first appeared in The New York Times - Business. Read the original article.