Consumer Advocates Strongly Support the CFPB's Proposed Rule-Making on Late Fees
Several Consumer groups submit comments in response to the Consumer Financial Protection Bureau’s (CFPB or Bureau) Notice of Proposed Rulemaking (NPRM) on Credit CARD Late Fees and Late Payments. They strongly support the proposed rule. This rule, when adopted, will save consumers billions of dollars each year in late fees, putting that hard-earned money back in their pockets.
