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CFPB Credit Card Late Fee Rule Vacated by Banking Trade Group Lawsuit

The CFPB's 2024 final rule on credit card late fees has been vacated as a result of the lawsuit filed by several banking industry trade groups challenging the rule’s validity....more

5/6/2025  /  Banking Sector , Consumer Financial Protection Bureau (CFPB) , Credit Cards , Final Rules , Judicial Authority , Late Fees , Regulatory Reform , Regulatory Requirements , Settlement , Vacated
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