Affirm wants the U.S. to find ways to cap late fees on pay-later loans. In an interview with the Financial Times (FT) published Tuesday (Oct....
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...
Late last week, a federal judge upheld an order blocking a cap on credit card late fees, as PYMNTS reported. But the debate over the...
A federal judge has upheld an order blocking a cap on credit card late fees. U.S. District Judge Mark Pittman in Fort Worth declined last...
Credit card issuers reportedly have been raising interest rates on the cards and adding new fees to make up for revenue they may lose from...
This round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s credit...
The government’s new rule that would limit credit card late fees has been blocked by a federal judge in Texas. In a Friday (May 10)...
Capital One’s first quarter results showed consumers continue to spend on their cards — and management touted the benefits of the proposed $35 billion buyout...