News & Analysis as of May 24, 2025

Banking Sector

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CFPB Credit Card Late Fee Rule Vacated by Banking Trade Group Lawsuit

Kilpatrick on 5/6/2025

The CFPB's 2024 final rule on credit card late fees has been vacated as a result of the lawsuit filed by several banking industry trade groups challenging the rule’s validity....more

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Final Rules › Settlement › Banking Sector

CFPB Credit Card Late Fee Rule Vacated by Banking Trade Group Lawsuit

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