United States: CFPB Finalizes Rule Significantly Restricting Credit Card Late Fees—Litigation Immediately Follows  - Mayer Brown

United States: CFPB Finalizes Rule Significantly Restricting Credit Card Late Fees—Litigation Immediately Follows - Mayer Brown

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On March 5, the Consumer Financial Protection Bureau ("CFPB" or "Bureau") issued a Final Rule that would significantly restrict late fees that consumer credit card...

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