Finanse i konsumenci · 29/06/2022

Credit Card Late Fees and Late Payments: CFPB Seeks Information from Credit Card Issuers and Consumer Groups

The Consumer Financial Protection Bureau (CFPB) is seeking information from credit card issuers, consumer groups, and the public regarding credit card late fees and late payments, as part of its mandate to monitor risks to consumers in the offering or provision of consumer financial products or services. The CFPB is particularly interested in understanding the deterrent effects of late fees and methods that credit card issuers use to facilitate timely payments.