News & Analysis as of May 9, 2025

Late Fees

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Credit Card Late Fee Rule Litigation: CFPB Indicates “Resolution is Feasible”

Troutman Pepper Locke on 3/13/2025

In a significant development in the credit card late fee rule litigation, the Consumer Financial Protection Bureau (CFPB) has filed a status report indicating that it is actively working towards a resolution. This update...more

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Credit Card Late Fee Rule Litigation: CFPB Indicates “Resolution is Feasible”

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