Tag Archives: Late Fees
Consumers Find Minor Protections Under New Credit Rules
The FED (Federal Reserve) just created new laws to regulate credit card companies from “unreasonable” late payment and penalty fees. The new rules also call for issuers to “reconsider” interest rate hikes imposed since 2009. Millions of Americans are dealing with thousands of dollars of consumer debt which is drowning them in fees and interest payments. … Continue reading