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Trade Groups Sue to Block Credit Card Late Fee Limit

Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8.

Stacy Cowley
Author: Stacy Cowley

Written by

Stacy Cowley

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Consumer Bankers Association, Consumer Financial Protection Bureau, Consumer Protection, Credit Cards, Regulation and Deregulation of Industry, Suits and Litigation (Civil), Texas, United States Chamber of Commerce
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