The new rule also intended to close a 2010 loophole the CFPB says has been “exploited” by credit card companies to hike fees on late payments.

Judge blocks Biden administration rule capping credit card late fees at $8

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bizgrrl's picture

From Fort Worth, TX, US

From Fort Worth, TX, US District Judge Mark T. Pittman, an appointee of former President Donald Trump.

What else should we expect?

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