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Texas judge again transfers lawsuit over card late fee rule to Washington
The U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday scored a jurisdictional victory when a federal judge in Texas transferred to another court in Washington an industry-backed lawsuit challenging the agency's rule capping credit card late fees at $8.
Credit Card Late Fee Case Moved Again to Washington From Texas
A banking group challenge to the Consumer Financial Protection Bureau’s credit card late fee cap will be sent to Washington, D.C., for a second time.
Federal Judge Halts New Rule on Credit Card Late Fees that Would Have Saved Consumers $14 Billion Annually
May 14 was the day that the Consumer Financial Protection Bureau (CFPB) was set to implement a new rule that would save credit card holders an estimated $14 billion each year. The rule would provide savings of $220 per year on average for people who are charged late fees.
Appeals court again nixes judge's transfer of CFPB late-fee case to D.C.
A federal judge in Texas is locked in a back-and-forth with an appeals court over whether the industry's challenge to a cap on credit card late fees should be moved to Washington, D.C.
Judge Temporarily Halts Credit Card Late Fee Rule, Saving Consumers $14 Billion per Year
The Consumer Financial Protection Bureau's rule to lower credit card late fees to $8 per month was temporarily halted by a federal judge, causing a divide between corporate business interests and consumer groups.
You Searched For "hdfc bank credit card late fees" and got 20 results
Hdfc Bank Credit Card Late Fees latest news, photos, videos, breaking news, special reports, blogs, and updates from Business Insider India
Texas judge again transfers lawsuit over card late fee rule to Washington, D.C
The U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday scored a jurisdictional victory when a federal judge in Texas transferred to another court in Washington, D.C., an industry-backed lawsuit challenging the agency's rule capping credit card late fees at $8.
Texas Judge Sends Card Late Fee Suit Back to Washington, D.C. Again
The Consumer Financial Protection Bureau will try its case on friendlier judicial turf despite finance industry efforts to keep proceedings in a presumably friendlier jurisdiction.
JD Supra
6d
Fifth Circuit relinquishes jurisdiction to Federal District Court Judge Pittman in credit card late fee rule case
(As a refresher, if you forgot where things stood the last time you read one of our blogs related to the CFPB
credit
card
late
fee
rule
litigation, click here.) On Friday May 24, in response ...
6d
Credit Card Churning: What It Is and Why You Shouldn’t Do It
Credit card churning can hurt your credit and your finances if you're not careful. This guide will teach you the pitfalls—and ...
12d
on MSN
CFPB says buy now, pay later firms must comply with U.S. credit card laws
The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry ...
scrippsnews on MSN
11d
Companies sue Biden administration over crackdowns on 'junk fees'
Ahead of November's general election, President Joe Biden is betting a lot on cracking down on junk fees as an issue that ...
11d
Why did my credit card issuer just increase my credit limit?
Your credit card limit may increase automatically based on changes in your credit score, income, payment history or other ...
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