Tag: savings
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Judge Halts Rule on Late Fees $14B Annual Savings at Risk
By Charlene Crowell May 14 was the day that the Consumer Financial Protection Bureau (CFPB) was set to implement a new rule that would save credit card holders an estimated $14 billion each year. The rule would provide savings of $220 per year on average for people who are charged late fees. Instead, a federal district judge ...