New government regulations are slashing the late fees charged by many credit card companies. On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty ...
Overspending, earning the wrong type of rewards and not monitoring your transactions or credit score are a few mistakes to ...
Credit card forbearance may temporarily make your credit card payment more manageable and might save you money on interest or ...
But the agency has since been targeted by trade groups who unsuccessfully argued that the CFPB's funding violated the U.S.
Traveling abroad can be expensive, but it's even worse when you have a credit card that charges you foreign transaction fees. These fees can be 3% or more of each purchase and add up quickly ...
Rohit Chopra, director of the Consumer Financial Protection Bureau, posted a letter Saturday on X to President Donald Trump that he would no longer serve in the role.
A pair of senators are pushing a bill that would cap interest rates on credit cards in a move that would deliver on a ...
Last year, a new regulation capped most credit card late fees at $8. The CFPB also announced it was cracking down on deceptive credit card reward tactics. “Large credit card issuers too often ...
Synchrony Financial experienced lower loan growth in preparation for a rule limiting late fees. Nevertheless, core 2025 EPS ...