late fees

Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules

Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

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Judge in CFPB Credit Card Lawsuit Avoids Recusal
Judge in CFPB Credit Card Lawsuit Avoids Recusal
April 18, 2024  |  Legal & Regulation

A judge in the banking industry/CFPB legal battle can remain on the case. Get the Full Story Complete the form to unlock this article and enjoy...

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Credit Card Late Fee Cap Has Winding Path Ahead In Congress
Credit Card Late Fee Cap Has Winding Path Ahead In Congress
April 18, 2024  |  Credit Cards

Out of committee…and now the path is a winding one for the proposed repeal of the Consumer Financial Protection Bureau’s (CFPB) rule that would cap credit...

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Store Card Revenue Under Pressure From Late Fee Change, BNPL
Store Card Revenue Under Pressure From Late Fee Change, BNPL
April 10, 2024  |  Credit Cards

Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. Get the Full Story Complete the form to unlock this article and...

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Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
April 09, 2024  |  CFPB

The fight over credit card late fees may go to Capitol Hill. Get the Full Story Complete the form to unlock this article and enjoy...

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CFPB Late Fee Lawsuit Gets Sent Back to Texas
CFPB Late Fee Lawsuit Gets Sent Back to Texas
April 07, 2024  |  CFPB

A federal lawsuit challenging new credit card late fee limits will remain in Texas. Get the Full Story Complete the form to unlock this article and enjoy...

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Klarna Late Fees Spark Uptick in On-Time Payments
Klarna Late Fees Spark Uptick in On-Time Payments
April 04, 2024  |  BNPL

Klarna is reportedly sending fewer British customers to debt collectors after introducing late fees. Get the Full Story Complete the form to unlock this article and...

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Goldman: CFPB Late Fee Rules Will Hurt Citigroup the Most
Goldman: CFPB Late Fee Rules Will Hurt Citigroup the Most
March 06, 2024  |  CFPB

What will the loss of credit card late fees mean for America’s biggest banks? Get the Full Story Complete the form to unlock this article...

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