CFPB’s Credit Card Late Fee Cap Tossed by Judge

pymnts.com/credit-cards/2025/cfpbs-credit-card-late-fee-cap-tossed-by-judge

A federal judge has thrown out the Consumer Financial Protection Bureau’s (CFPB) late fee cap.
The ruling by U.S. District Judge Mark Pittman came after the bureau agreed with opponents that the rule was illegal, Reuters reported Tuesday (April 15).
Pittman granted a joint request by the…

This story appeared on pymnts.com, 2025-04-15 19:47:24.
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