![United States: Latest CFPB Rule Proposal Takes Aim At Credit Card Late Fees - Sheppard Mullin Richter & Hampton](https://cdn.newsserve.net/ONPglobe256.png)
United States: Latest CFPB Rule Proposal Takes Aim At Credit Card Late Fees - Sheppard Mullin Richter & Hampton
On February 1, the CFPB announced a newly proposed rule aimed at ensuring that late fees charged on consumer credit card accounts are "reasonable and proportional" to late payments.
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